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 ...

Entegris, Inc. (NASDAQ:ENTG) Q3 2022 Earnings Conference Call November 2, 2022 9:00 AM ET Company Participants Bill Seymour – Vice President-Investor Relations Bertrand Loy – Chief Executive Officer Greg Graves – Chief Financial Officer Conference Call Participants Sidney Ho – Deutsche Bank Kieran de Brun – Mizuho John Roberts – Credit Suisse Mike Harrison – Seaport Research Partners Timothy Arcuri – UBS Chris Kapsch – Loop Capital Markets Operator Good day, everyone, and welcome to the Entegris Q3 2022 Ear ...

| --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|--------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | Earnings | | | | | | | Summary | | | | | | | Third Quarter 2022 | | | | | | | | | | | | | | November 2, 2022 | | | | | | | | 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 expr ...

Entegris, Inc. (NASDAQ:ENTG) Q2 2022 Earnings Conference Call August 2, 2022 9:00 AM ET Company Participants Bill Seymour – Vice President-Investor Relations Bertrand Loy – Chief Executive Officer Greg Graves – Chief Financial Officer Conference Call Participants Toshiya Hari – Goldman Sachs Sidney Ho – Deutsche Bank Amanda Scarnati – Citi Patrick Ho – Stifel Kieran De Brun – Mizuho Alexi Yefremov – KeyBanc Capital Markets Mike Harrison – Seaport Research Partners David Silver – CL King Paretosh Misra – Ber ...

Financial Performance - The company's revenue for Q2 2022 was $692.5 million, a 21.2% increase compared to Q2 2021 and a 6.6% increase compared to Q1 2022[4, 5] - GAAP diluted earnings per share (EPS) for Q2 2022 were $0.73, a 12.3% increase year-over-year[3, 4] - Non-GAAP diluted EPS for Q2 2022 were $1.00, an 17.6% increase year-over-year[3, 5] - Adjusted operating income for Q2 2022 was $183 million, a 20.7% increase compared to Q2 2021[3, 5] - Adjusted EBITDA for Q2 2022 was $207.4 million, representing 30% of net sales[16] Segment Performance - Specialty Chemicals and Engineered Materials (SCEM) segment revenue for Q2 2022 was $207.7 million, a 15.2% increase compared to Q2 2021[6] - Microcontamination Control (MC) segment revenue for Q2 2022 was $274.1 million, a 20.5% increase compared to Q2 2021[9] - Advanced Materials Handling (AMH) segment revenue for Q2 2022 was $224.1 million, a 29.9% increase compared to Q2 2021[12] Balance Sheet and Cash Flow - Cash, cash equivalents, and restricted cash at the end of Q2 2022 totaled $2.7432 billion, significantly higher than the $401 million at the end of Q2 2021[15] - Long-term debt, excluding current maturities, was $3.4088 billion at the end of Q2 2022, compared to $936.4 million at the end of Q2 2021[15] Outlook - The company expects sales of $1 billion to $1.04 billion for the third quarter ending October 1, 2022, and EBITDA of approximately 30% of sales[17]

Financial Data and Key Metrics Changes - Sales increased by 27% year-over-year, reaching $650 million in Q1 2022, with a 2% sequential growth [6][16] - Gross margins improved significantly, with both GAAP and non-GAAP gross margins at 47.7% [16] - EBITDA margins were almost 32% of sales, representing a 37% increase year-over-year [6] - Non-GAAP EPS rose by 51% year-over-year to $1.06 per share, exceeding guidance [21] Business Line Data and Key Metrics Changes - Sales for the SCEM division were $196 million, up 18% year-over-year, driven by advanced deposition materials and specialty gases [22] - The MC division reported sales of $267 million, a 29% increase from last year, with strong growth in gas filtration and purification [23] - AMH division sales reached $198 million, up 33% year-over-year, benefiting from high fab investments [24] Market Data and Key Metrics Changes - The semiconductor market is expected to grow, with industry CapEx projected to increase by around 20% [31] - The company anticipates organic outperformance of 5% to 7% above market growth due to strong demand and execution [32] Company Strategy and Development Direction - The company is focused on expanding its position in leading-edge logic and memory nodes, with significant growth in unit-driven solutions [7] - The pending acquisition of CMC Materials is progressing well, with expectations to close in the second half of the year [9] - The company is optimistic about the long-term growth of the semiconductor market driven by digitalization and IoT [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand for chips and the full utilization of fabs for the remainder of the year [48] - Supply chain challenges remain a concern, particularly due to lockdowns in China, but labor shortages have been managed effectively [34][35] - The company has increased its 2022 revenue guidance to 18% to 20% growth, reflecting stronger market conditions [11] Other Important Information - Cash flow from operations was $64 million, with free cash flow at a negative $21 million due to variable compensation payments [25] - The company expects to spend approximately $500 million in CapEx for the full year, with significant investment in a new facility in Taiwan [26] Q&A Session Summary Question: What changed in the full-year guidance? - The company increased its revenue outlook due to better industry conditions and strong execution, with organic outperformance expected to be 5% to 7% above market growth [31][32] Question: What are the supply chain dynamics? - The company is facing supply constraints but has managed labor shortages effectively. Lockdowns in China are expected to have a more significant impact in Q2 [34][35] Question: Are there any financial downsides to estimates? - The company has good visibility for 2022, with fully loaded fabs and healthy CapEx levels, but acknowledges that macroeconomic factors could impact customer production activities [48] Question: How is the company managing supply chain risks? - The company has invested in supply chain management and has proactively secured raw material inventories to mitigate risks [50] Question: What is the outlook for the semiconductor marketplace? - The company sees strength across both leading-edge and mainstream fabs, with a focus on yield optimization and contamination control driving demand for filtration products [54][71]

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, 2021 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 __________________________ ...

Earnings Summary Fourth Quarter 2021 February 1, 2022 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 include statements related to future period guidance; future net revenue, operating expenses, net income, diluted earnings per ...

Entegris, Inc. (NASDAQ:ENTG) Q4 2021 Earnings Release Conference Call February 1, 2022 9:00 AM ET Company Participants Bill Seymour - Vice President, Investor Relations Bertrand Loy - Chief Executive Officer Greg Graves - Chief Financial Officer Conference Call Participants Toshiya Hari - Goldman Sachs Sidney Ho - Deutsche Bank Kieran de Brun - Mizuho Patrick Ho - Stifel Aleksey Yefremov - KeyBanc Amanda Scarnati - Citi Paretosh Misra - Berenberg Mike Harrison - Seaport Research Partners Josh Silverstein - ...

Entegris, Inc. (NASDAQ:ENTG) Q3 2021 Earnings Conference Call October 26, 2021 9:00 AM ET Company Participants Bill Seymour - Vice President, Investor Relations Bertrand Loy - Chief Executive Officer Greg Graves - Chief Financial Officer Conference Call Participants Toshiya Hari - Goldman Sachs Sidney Ho - Deutsche Bank Patrick Ho - Stifel Amanda Scarnati - Citi Mike Harrison - Seaport Research Partners Kieran de Brun - Mizuho Chris Kapsch - Loop Capital Markets Timothy Arcuri - UBS Josh Silverstein - Wolfe ...