Analysts on Wall Street project that Entegris (ENTG) will announce quarterly earnings of $0.59 per share in its forthcoming report, representing a decline of 28.9% year over year. Revenues are projected to reach $775.3 million, declining 18.1% from the same quarter last year.Over the last 30 days, there has been an upward revision of 3.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ov ...

BILLERICA, Mass.--(BUSINESS WIRE)--Entegris, Inc. (NASDAQ: ENTG), will host a webcast on its fourth quarter 2023 results and provide a brief analyst update on Wednesday, February 14, 2024 at 9:00 a.m. Eastern Time. *Please note, Entegris expects to release its financial results for the fourth quarter 2023 after market close on February 13. Participants can use the link below to register and join the live webcast. https://app.webinar.net/OEr1gk1anQW Note: There are no dial-in numbers for this live webcas ...

Earnings Summary Third Quarter 2023 November 2, 2023 2 Safe Harbor This presentation contains forward-looking statements. The words "believe," "expect," "anticipate," "intend," "estimate," "forecast," "project," "should," "may," "will," "would" or the negative thereof and similar expressions are intended to identify such forward-looking statements. These forward-looking statements may include statements about supply chain matters; inflationary pressures; future period guidance or projections; the Company's ...

Financial Data and Key Metrics Changes - Sales for Q3 2023 were $888 million, down 11% year-over-year and down 1% sequentially [22][27] - Non-GAAP EPS was $0.68, exceeding guidance due to lower operating expenses and modestly lower interest expense [20][22] - Gross margin on a GAAP basis was 41.3% and 41.4% on a non-GAAP basis, within guidance range [9][20] - Adjusted EBITDA in Q3 was $235 million, representing 26.5% of revenue [20][22] Business Line Data and Key Metrics Changes - Advanced Materials Handling (AMH) sales were $180 million, down 14% year-over-year and down 5% sequentially [21] - Material Solutions sales in Q3 were $436 million, down 16% year-over-year and down 1% sequentially, driven by lower volumes across certain product lines [33][117] - Microcontamination Control (MC) sales were $286 million, up 2% year-over-year and up 1% sequentially, primarily driven by wet edge and clean liquid filters [28] Market Data and Key Metrics Changes - The industry is experiencing a mixed environment, with DRAM improving but 3D NAND remaining depressed [73][84] - The company expects wafer starts to improve in 2024, but visibility remains limited [73][84] - The company anticipates a continued contraction in mainstream fabs in Q4 [56] Company Strategy and Development Direction - The company is focused on integrating the SCM and EPS divisions into a new division called Material Solutions, which aims to leverage end-to-end capabilities [6][25] - The company is committed to improving free cash flow and inventory turns, with a significant reduction in inventory of almost $80 million in Q3 [50][60] - The company is actively engaging with customers on technology roadmaps, emphasizing the importance of material science and end-to-end solutions [8][34] Management's Comments on Operating Environment and Future Outlook - Management believes the industry has likely reached the bottom in terms of utilization rates but does not expect meaningful improvement in the short term [18][56] - The company remains optimistic about long-term growth prospects for the semiconductor industry, expecting the market to double in size to $1 trillion [18] - Management highlighted the importance of maintaining a focus on working capital and inventory reduction as part of their strategy [60][67] Other Important Information - The company closed the sale of its Electronic Chemicals business to Fujifilm and is using proceeds to pay down debt [5][16] - The company has begun initial shipments from its new facility in Taiwan, with expectations to ramp up production in the second half of 2024 [6][17] - The company was awarded a Gold sustainability rating from EcoVadis, reflecting its commitment to corporate social responsibility [18] Q&A Session All Questions and Answers Question: What is the outlook for wafer starts in 2024? - Management expects wafer starts to improve in 2024 but emphasizes that it is too early to provide specific forecasts [73][106] Question: Can you break down the drivers of gross margin guidance for Q4? - Management indicated that the guidance reflects a combination of divestitures, cost controls, and inventory reduction impacts [74][125] Question: How is the company addressing competition in China? - Management noted that while there are Chinese competitors, they have not matched the performance of the company's solutions, and customers continue to see value in their offerings [90][115]

Table of Contents Commission file number: 001-32598 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________________________ FORM 10-Q ______________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to _______ ...

Timothy Arcuri I guess, Bertrand, I asked because it does appear likely that there's going to be some push to restrict even lagging edge nodes. I don't know what they're going to do. But certainly, there's -- where there's smoke, there's typically fire. So I'm just wondering how you could get kicked in that. So I'm just kind of trying to ring-fence what's going to the domestic China companies, which -- most of which would be lagging edge because of the current restrictions. Bertrand Loy Yes. I mean, I can o ...

| --- | --- | --- | --- | --- | --- | |-------------------------------------------------|--------|--------|--------|----------------|----------------| | $ in millions, except per share data | 1Q23 | 1Q22 | 4Q22 | 1Q23 over 1Q22 | 1Q23 over 4Q22 | | Net Revenue | $922.4 | $649.6 | $946.1 | 42.0% | (2.5)% | | Adjusted Gross Margin – as a % of Net Sales | 44.3% | 47.7% | 42.8% | | | | Non-GAAP Operating Expenses 2 | $204.3 | $127.6 | $185.2 | 60.1% | 10.3% | | Adjusted Operating Income | $204.8 | $182.3 | $219 ...

Entegris, Inc. (NASDAQ:ENTG) Q1 2023 Results Earnings Conference Call May 11, 2023 8:00 AM ET Toshiya Hari - Goldman Sachs Kieran de Brun - Mizuho Securities Sidney Ho - Deutsche Bank Charles Shi - Needham & Company John Roberts - Credit Suisse Aleksey Yefremov - KeyBanc Capital Markets Chris Kapsch - Loop Capital Markets Mike Harrison - Seaport Global Bill Seymour With that, I'll hand the call over to Bertrand. During the quarter, we delivered strong results above our guidance on all fronts. Sales were $92 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________ FORM 10-K ________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-32598 Entegris, Inc. (Exact name ...

Entegris, Inc. (NASDAQ:ENTG) Q4 2022 Earnings Conference Call February 14, 2023 10:00 AM ET Company Participants Bill Seymour - Vice President, Investor Relations Bertrand Loy - President, Chief Executive Officer, and Board Member Greg Graves - Executive Vice President and Chief Financial Officer Conference Call Participants Toshiya Hari - Goldman Sachs Kieran Brun - Mizuho Sidney Ho - Deutsche Bank John Roberts - Credit Suisse Mike Harrison - Seaport Research Partners Charles Shi - Needham and Company Alek ...