Entegris(US:ENTG)2025-05-07 11:16Financial Performance - Entegris's net sales for 1Q25 were $773.2 million, a 0.3% increase compared to $771.0 million in 1Q24, but a 9.0% decrease compared to $849.8 million in 4Q24 [5] - The company's GAAP net income for 1Q25 was $62.9 million, a 38.9% increase compared to $45.3 million in 1Q24, but a 38.5% decrease compared to $102.3 million in 4Q24 [5] - Diluted earnings per common share were $0.41 in 1Q25, up 36.7% from $0.30 in 1Q24, but down 38.8% from $0.67 in 4Q24 [5] - Adjusted EBITDA for 1Q25 was $220.7 million, representing 28.5% of net sales [6] Segment Performance - Materials Solutions (MS) segment net sales were $341.4 million in 1Q25, a 2.5% decrease compared to $350.0 million in 1Q24, but excluding divestiture, adjusted net sales increased by 8.0% to $341.4 million from $316.1 million [9] - Advanced Purity Solutions (APS) segment net sales were $433.9 million in 1Q25, a 2.5% increase compared to $423.3 million in 1Q24, but an 11.7% decrease compared to $491.2 million in 4Q24 [12] Balance Sheet and Cash Flow - Cash and cash equivalents at the end of 1Q25 were $340.9 million [15] - Long-term debt was $3.9845 billion [15] - Cash provided by operating activities in 1Q25 was $140.4 million [16] Outlook - The company's net sales guidance for 2Q25 is $735 million to $775 million [17, 18] - Non-GAAP net income is projected to be between $91 million and $102 million [18]