Entegris, Inc. (ENTG) Reports Q2 FY2025

Core Insights - Entegris, Inc. reported Q2 2025 net sales of $792.4 million, reflecting a 2% sequential increase and exceeding guidance [1] - Non-GAAP diluted EPS was $0.66, while GAAP diluted EPS decreased to $0.35 from $0.41 in the previous quarter [1] - The adjusted operating margin was 20.9%, with adjusted EBITDA at 27.3% of sales and a gross margin of 44.4% [1] - Net income fell from $67.7 million to $52.8 million year-over-year [1] Revenue and Earnings Projections - Entegris projects Q3 revenue between $780 million and $820 million, with GAAP EPS expected to be between $0.43 and $0.50, and non-GAAP EPS between $0.68 and $0.75 [3] - The adjusted EBITDA margin for the next quarter is anticipated to be approximately 27.5% [3] Market and Growth Factors - CEO Bertrand Loy highlighted trade policy and macroeconomic uncertainties impacting fab activity, but noted growth was driven by CMP consumables, selective etch, and deposition materials [2] - The company remains optimistic about long-term semiconductor demand, emphasizing its unique materials science capabilities and AI-driven growth [3]