Entegris Q1 Adjusted Earnings Fall, Sales Rise; Q2 Outlook Set

MT Newswires Live
05-07

Entegris (ENTG) reported Q1 adjusted earnings Wednesday of $0.67 per diluted share, down from $0.68 a year earlier.

Analysts surveyed by FactSet expected $0.68.

Net sales for the quarter ended March 29 were $773.2 million, up from $771 million a year earlier.

Analysts polled by FactSet expected $789.9 million.

The company said it expects Q2 adjusted EPS between $0.60 and $0.67 on sales of $735 million to $775 million.

Analysts surveyed by FactSet expect $0.71 and $823.5 million, respectively.

Entegris shares were down 6.1% in recent premarket activity.

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