Entegris(US:ENTG)2025-07-30 13:00Financial Performance Summary - Entegris' net sales for Q2 2025 were $792.4 million, a decrease of 2.5% compared to Q2 2024 ($812.7 million), but an increase of 2.5% compared to Q1 2025 ($773.2 million) [5, 6] - The company's GAAP net income for Q2 2025 was $52.8 million, a decrease of 22% compared to Q2 2024 ($67.7 million) and a decrease of 16.1% compared to Q1 2025 ($62.9 million) [5] - Diluted earnings per common share (GAAP) for Q2 2025 were $0.35, a decrease of 22.2% compared to Q2 2024 ($0.45) and a decrease of 14.6% compared to Q1 2025 ($0.41) [5] - Adjusted EBITDA for Q2 2025 was $216.7 million, representing 27.3% of net sales, compared to $226.3 million (27.8% of net sales) in Q2 2024 [6] Segment Performance - Materials Solutions (MS) segment net sales for Q2 2025 were $354.9 million, an increase of 3.7% year-over-year (YoY) and 4.0% sequentially [8] - Advanced Purity Solutions (APS) segment net sales for Q2 2025 were $439.9 million, a decrease of 6.9% YoY but an increase of 1.4% sequentially [10] - Adjusted segment profit for APS was $105.8 million, with an adjusted segment profit margin of 24.1% [10] Balance Sheet and Cash Flow - Entegris' cash and cash equivalents at the end of Q2 2025 were $376.8 million, compared to $320.0 million in Q2 2024 and $340.9 million in Q1 2025 [13] - Long-term debt, including current maturities, was $3.9878 billion in Q2 2025, compared to $4.1222 billion in Q2 2024 [13] - Free cash flow for Q2 2025 was $47.0 million, compared to $51.9 million in Q2 2024 [14] Q3 2025 Outlook - The company expects net sales to be in the range of $780 million to $820 million [15, 16] - The company expects Non-GAAP net income to be in the range of $104 million to $115 million [16] - The company expects diluted non-GAAP earnings per common share to be in the range of $0.68 to $0.75 [16]