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) released its 2021 Corporate Social Responsibility (CSR) report, titled Collaborative Innovation to Build a Better Tomorrow, detailing progress toward its 2030 goals. The report highlights advancements in four key areas: Innovation, achieving 100% alignment of new products with U.N. Sustainable Development Goals; Safety, reporting a record low total recordable incident rate of 0.51; Personal Development, investing over $8 million in diversity programs; and Sustainability, aiming for a 15% reduction in energy consumption. Entegris plans to update its CSR strategy following the acquisition of CMC Materials.
Entegris reported third-quarter revenue of $994 million, a 71% year-over-year increase, with a proforma growth of 14%. Despite this, the company faced a GAAP net loss of $73.7 million or $0.50 loss per diluted share. In contrast, non-GAAP net income stood at $127.8 million, yielding earnings of $0.85 per diluted share. Looking ahead, for Q4, Entegris projects sales between $930 million and $970 million, with potential losses due to U.S. export controls estimated at $40 million to $50 million.
Entegris (NASDAQ: ENTG) will announce its third quarter 2022 financial results on November 2, 2022, before market opening. A management teleconference will follow at 9:00 a.m. ET, with dial-in details provided for participants. A replay of this call will be available starting at 12:00 p.m. ET on the same day until December 17, 2022. Entegris, a leader in advanced materials for the semiconductor industry, employs around 10,000 people globally and maintains a commitment to quality as evidenced by its ISO 9001 certification.
Entegris, Inc. (Nasdaq: ENTG) has authorized a quarterly cash dividend of
Infineum and Entegris (NASDAQ: ENTG) have entered a definitive agreement for Infineum to acquire Entegris' Pipeline and Industrial Materials (PIM) business, which includes Flowchem, Val-Tex, and Sealweld brands. This acquisition expands Infineum's specialty chemicals portfolio and is aimed at enhancing customer innovation and performance reliability. The transaction is expected to close in Q4 2022, pending regulatory approvals. The PIM business provides Drag Reducing Agents (DRAs) crucial for pipeline operations, positioning Infineum for growth in a significant market segment.
Entegris reported second-quarter 2022 revenue of $692 million, up 21% year-over-year. GAAP diluted EPS reached $0.73, marking a 12% increase, while non-GAAP diluted EPS was $1.00, up 18%. The company closed its acquisition of CMC Materials on July 6, 2022, which did not contribute to Q2 results. Bertrand Loy highlighted strong sales growth across all divisions, despite currency fluctuations impacting non-GAAP EPS. For Q3 2022, Entegris anticipates sales between $1.00 billion and $1.04 billion.
Entegris announced a quarterly cash dividend of $0.10 per share, payable on August 24, 2022, to shareholders of record on August 3, 2022. As a leader in electronic materials for the semiconductor market, Entegris employs approximately 8,800 people worldwide. The company's solutions support performance and productivity improvements across various sectors, including life sciences and advanced manufacturing.
Lam Research, Entegris, and Gelest announced a strategic collaboration to enhance the semiconductor supply chain by providing reliable access to precursor chemicals for EUV lithography. This partnership will advance dry resist technology crucial for next-generation semiconductors used in AI and mobile devices. The collaboration ensures a dual-source supply and supports R&D for cost-effective EUV solutions. Key benefits include improved productivity, sustainability, and significant energy savings. This initiative could lead to innovations in semiconductor manufacturing over the coming decades.
Entegris, Inc. (NASDAQ: ENTG) is set to announce its financial results for Q2 2022 on August 2, 2022, before the market opens. The management will host a teleconference at 9:00 a.m. Eastern Time on the same day, with dial-in details available for participants. A replay of the call will be accessible from 12:00 p.m. August 2 to 12:00 p.m. September 17, 2022. Entegris is a leader in electronic materials for the semiconductor market, employing approximately 8,800 staff globally.
Entegris has successfully completed its acquisition of CMC Materials for approximately $5.7 billion, which includes $3.8 billion in cash to CMC shareholders and a significant debt retirement. This acquisition is set to enhance Entegris' position as a leader in electronic materials for the semiconductor market, increasing unit-driven revenue from 70% to 80%. Entegris aims to achieve $75 million in run-rate cost synergies and $40 million in CapEx synergies within the next 18 months. The integration of CMC Materials is expected to unlock substantial growth and innovation opportunities.