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 (Nasdaq: ENTG) is a supplier of critical advanced materials and process solutions for the semiconductor and other high-technology industries, and its news flow reflects this focus. Company announcements frequently highlight developments in materials science and materials purity that support semiconductor manufacturing, along with updates on its two operating segments, Materials Solutions (MS) and Advanced Purity Solutions (APS).
On this page, readers can follow ENTG news related to quarterly earnings results, dividend declarations, capital investment plans and leadership updates. Entegris regularly issues earnings press releases that summarize net sales, margins, segment performance and non-GAAP metrics such as Adjusted EBITDA and diluted non-GAAP earnings per share. These releases often include commentary on demand trends for products such as liquid filtration and purification, deposition materials and CMP consumables, and how these offerings relate to advanced semiconductor technology nodes.
Investors can also track Entegris’ dividend announcements, which are disclosed through Business Wire releases and corresponding Form 8-K filings under Item 8.01. These communications specify the quarterly cash dividend per share and the associated record and payment dates. In addition, Entegris uses news releases to outline major investment initiatives, such as planned spending on U.S. manufacturing and R&D projects and the development of technology centers that support its Materials Solutions and Advanced Purity Solutions divisions.
Leadership and governance updates, including CEO succession plans and board-level changes, are also communicated through company news. For investors and analysts following ENTG, this news stream provides context on how Entegris describes its role in the semiconductor ecosystem, its capital allocation decisions and its strategic priorities across global operations.
Entegris (Nasdaq: ENTG) has signed a Preliminary Memorandum of Terms (PMT) with the U.S. Department of Commerce for up to $75 million in proposed funding under the CHIPS and Science Act. The funding will support the establishment of a new Manufacturing Center of Excellence in Colorado Springs, expected to begin operations in 2025. This facility will enhance production capabilities for critical semiconductor manufacturing products and create approximately 600 new jobs. The center will also contribute to local economic growth, sustainability goals, and workforce development, partnering with various educational institutions and military organizations.
Entegris, Inc. reported net sales of $771 million for the first quarter of 2024, a 16% decrease from the prior year. GAAP diluted EPS was $0.30 and non-GAAP diluted EPS was $0.68. The company sold its Pipeline and Industrial Materials business, paid down over $400 million of debt, and expects gradual market recovery in the semiconductor industry for 2024. Entegris operates in three segments: Materials Solutions, Microcontamination Control, and Advanced Materials Handling.
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