Entegris (ENTG) Hits 52-Week High on Upbeat Q1 Outlook

Core Viewpoint - Entegris Inc. (NASDAQ:ENTG) reached a new 52-week high due to a positive outlook for Q1, despite a poor earnings report in the previous quarter [1]. Financial Performance - The company aims to grow its net income by 3.3% to 22%, targeting $65 million to $77 million compared to $62.9 million in the same period last year [2]. - Net sales are projected to be between $785 million and $825 million, indicating an implied growth of 1.5% to 6.7% from $773.2 million reported in the same period a year earlier [2]. - Last year, Entegris experienced a 19.5% decline in net income, dropping to $235.6 million from $292.8 million in 2024, while net sales decreased by 1.2% to $3.2 billion from $3.24 billion year-on-year [3]. - For the fourth quarter, net income fell by 51.7% to $49.4 million from $102.3 million, and net sales decreased by 3% to $823.9 million from $849.8 million year-on-year [4].