Welcome to our dedicated page for Entegris news (Ticker: ENTG), a resource for investors and traders seeking the latest updates and insights on Entegris stock.
Entegris Inc. reports company developments tied to critical advanced materials and process solutions for semiconductor and other high-technology manufacturing. Its updates commonly cover quarterly results, demand for advanced manufacturing processes, cash generation, leverage reduction, and capital returns through quarterly cash dividends.
Recurring operating themes include materials science and purity, liquid filtration, selective etch, CMP consumables, deposition materials, specialty gases, formulated etch and clean materials, and other products used by semiconductor customers to improve device performance and yield. Company news also includes finance leadership changes and board-authorized capital actions.
Entegris (NASD: ENTG) is set to be added to the S&P MidCap 400 index, replacing Arcadium Lithium plc (NYSE: ALTM). The change will take effect prior to market opening on Thursday, March 6, 2025. This index modification comes as Rio Tinto plc (ASX: RIO) is finalizing its acquisition of Arcadium Lithium, pending final closing conditions.
Entegris (NASDAQ: ENTG) reported strong Q4 2024 results with net sales of $850 million, up 5% year-over-year, while adjusted net sales increased 11% excluding divestitures. The company achieved GAAP diluted EPS of $0.67 and non-GAAP diluted EPS of $0.84.
Q4 performance exceeded guidance for both sales and non-GAAP EPS, with EBITDA growth at twice the rate of sales growth. The company's gross margin reached 45.6%, while adjusted EBITDA was 29.2% of net sales.
For Q1 2025, Entegris projects sales between $775-805 million, representing a 7% year-over-year increase excluding divestitures. The company expects GAAP EPS of $0.38-0.45 and non-GAAP EPS of $0.64-0.71, with adjusted EBITDA margin between 28.0-29.0%.
Entegris (NASDAQ: ENTG) has announced it will release its fourth quarter 2024 financial results before market opening on Thursday, February 6, 2025. The company has scheduled a teleconference with management for the same day at 9:00am ET. Investors and interested parties can participate by dialing +1-800-579-2543 or 1-785-424-1789 using Conference ID: ENTGQ424. Participants are requested to dial in 5-10 minutes before the call starts. A live webcast and replay option will also be available.
Entegris (NASDAQ: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor and high-technology industries, has announced a quarterly cash dividend. The company's board of directors has authorized a payment of $0.10 per share. The dividend will be paid on February 19, 2025 to shareholders of record as of the close of business on January 29, 2025.
Entegris (NASDAQ: ENTG) has secured up to $77 million in funding under the CHIPS and Science Act from the U.S. Department of Commerce, becoming the first semiconductor supplier to finalize such an award agreement. The funding will support the development of a state-of-the-art manufacturing center in Colorado Springs, scheduled to begin operations in 2025.
The facility will produce liquid filtration products and Front-Opening-Unified Pods (FOUPs), currently manufactured exclusively in Asia. The center is expected to create approximately 600 new jobs over the next several years, with 300 jobs already created during construction. The site will serve as a Military Center of Excellence, aiming to recruit 50% of its workforce from veterans and military families through various partnerships.
Entegris (NASDAQ: ENTG) reported Q3 2024 financial results with net sales of $808 million, showing a 9% year-over-year decrease. However, adjusted net sales excluding divestitures increased by 7%. The company achieved GAAP diluted EPS of $0.51 and non-GAAP diluted EPS of $0.77. Gross margin improved to 46.0% from 41.3% year-over-year. For Q4 2024, Entegris expects sales between $810-840 million and non-GAAP diluted EPS of $0.75-0.82. The company noted that while AI-focused customers are performing well, the broader semiconductor market recovery is taking longer than anticipated.
Entegris, Inc. (NASDAQ: ENTG) has announced it will release its financial results for the third quarter of 2024 before the market opens on Monday, November 4, 2024. The company has scheduled a teleconference with management for the same day at 9:00 AM ET.
Participants interested in joining the call should dial +1-800-579-2543 or 1-785-424-1789 and use the Conference ID: ENTGQ324. It is recommended to dial in 5 to 10 minutes before the call starts. A live webcast and replay of the call will also be available.
Entegris, Inc. (Nasdaq: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, has announced a quarterly cash dividend. The company's board of directors has authorized a dividend of $0.10 per share. This dividend will be paid on November 20, 2024, to shareholders of record at the close of business on October 30, 2024. Entegris, headquartered in Billerica, Massachusetts, continues to demonstrate its commitment to returning value to shareholders through this dividend declaration.
Entegris, Inc. (NASDAQ: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor industry, has appointed Mary Puma to its board of directors. This appointment brings the total number of board members to eight. Ms. Puma previously served as the president and CEO of Axcelis Technologies, Inc. Bertrand Loy, chair of the board, president and CEO of Entegris, expressed confidence that Puma's leadership experience and in-depth knowledge of the semiconductor industry will make her a valuable addition to the board. The company aims to leverage her deep industry insight to achieve its growth and innovation objectives.
Entegris (Nasdaq: ENTG) has entered into a long-term supply agreement with onsemi to provide chemical mechanical planarization (CMP) solutions for silicon carbide (SiC) applications. This partnership aims to meet the growing demand for SiC technologies in industries such as electric vehicles, power devices, renewable energy, wireless communication, and cloud computing.
Entegris will offer a broad range of co-optimized CMP solutions, including slurries, pads, brushes, and post-CMP cleans, to enable high-volume manufacture of SiC wafers with high yield and low defectivity. The agreement positions Entegris to potentially supply additional products like specialty gases, precursors, and graphite for other semiconductor manufacturing processes at onsemi.