Entegris Q2 Non-GAAP Earnings, Net Sales Rise; Issues Q3 Outlook, Shares Rise Before the Bell

MT Newswires Live

08/04

Entegris (ENTG) reported Q2 non-GAAP earnings Tuesday of $0.93 per diluted share, up from $0.66 a year earlier.

Analysts polled by FactSet expected $0.82.

Net sales for the quarter ended June 27 were $883.2 million, up from $792.4 million a year earlier.

Analysts polled by FactSet expected $835.8 million.

The company said it expects Q3 non-GAAP diluted EPS in the range of $0.96 to $1.04. Analysts polled by FactSet expect $0.93.

Sales for the quarter are expected in the range of $905 million to $935 million. Analysts surveyed by FactSet expect $878.6 million.

Shares of the company were up 4.6% in premarket trading.

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