On July 30, Entegris rose 7.22% in pre-market trading, trading at approximately $112.51/share, with turnover of $53,500.
On the news front, the semiconductor equipment sector staged a broad technical rebound following three consecutive sessions of heavy selling. Entegris had previously accumulated over 15% in losses after the Korean KOSPI index plunged more than 8% triggering a circuit breaker, with SK Hynix falling over 13% and Samsung Electronics dropping more than 12%, sending panic across the global semiconductor supply chain. The sector-wide recovery saw Lam Research up 9.07%, Applied Materials up 6.32%, Teradyne up 5.82%, KLA-Tencor up 5.36%, and ASML up 4.08%.
Looking ahead, Entegris is scheduled to report quarterly earnings on August 4 before market open. Consensus estimates project revenue of $835 million, representing approximately 10.11% year-over-year growth, with adjusted EPS expected at $0.82, up 29.29% year-over-year. Additionally, Entegris recently signed a cross-licensing agreement with JSR's Inpria unit to advance extreme ultraviolet lithography materials, signaling strategic positioning in next-generation semiconductor manufacturing.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)