Entegris(US:ENTG)2022-08-02 15:40Financial 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]