Entegris Q2 Non-GAAP Earnings, Net Sales Rise; Issues Q3 Outlook, Shares Rise Before the Bell
MT Newswires Live
Aug 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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.