Entegris Stock Price, News & Analysis

Entegris (Nasdaq: ENTG) has released its inaugural Corporate Social Responsibility (CSR) report, titled Science Today for a Sustainable Tomorrow, detailing progress toward its ambitious 2030 goals. The report assesses 2020 baseline performance across four key areas: Innovation, Safety, Personal Development and Inclusion, and Sustainability, highlighting investments in R&D and safety enhancements. Entegris aims for 55% of operational expenses in R&D by 2030 and a 95% safety perception among employees.

Entegris, Inc. (NASDAQ: ENTG) has announced a quarterly cash dividend of $0.08 per share, scheduled for payment on November 17, 2021. Shareholders on record by the close of business on October 27, 2021 will receive this dividend. With approximately 5,800 employees, Entegris is a leading supplier in the semiconductor and high-tech industries, having a global presence across multiple countries. This dividend reflects confidence in the company’s operational stability and commitment to shareholder returns.

Entegris, Inc. (NASDAQ: ENTG) will announce its third quarter 2021 financial results on October 26, 2021, prior to market opening. A teleconference is scheduled for 9:00 a.m. ET on the same day. Participants can join by dialing +1 323-289-6576 or 1-800-437-2398 with confirmation code 9127390. A replay of the call will be available from 12:00 p.m. ET on October 26 until 12:00 p.m. ET on December 4, 2021. Entegris is a leading supplier of materials and process solutions for the semiconductor industry.

Entegris reported a strong second quarter for 2021, with sales reaching $571.4 million, up 27% year-over-year. GAAP net income was $88.8 million ($0.65 per diluted share), while non-GAAP net income stood at $116.7 million ($0.85 per diluted share). The company anticipates third-quarter sales between $575 million and $590 million and expects continued demand driven by advancements in semiconductor technology. Operating income increased to $138.9 million, reflecting an operating margin of 24.3%.

Entegris, Inc. (Nasdaq: ENTG) has declared a quarterly cash dividend of $0.08 per share, scheduled for payment on August 18, 2021. Shareholders on record by the close of business on July 28, 2021 will receive the dividend. This decision underscores the company's commitment to returning value to its shareholders amidst its operations in the semiconductor and high-tech industries, supported by ISO 9001 certification.

Entegris, Inc. (NASDAQ: ENTG) will announce its financial results for the second quarter of 2021 on July 27, 2021, before market opening. A teleconference will occur at 9:00 a.m. ET on the same day, with participants encouraged to call in 5-10 minutes early, using +1 323-289-6576 or 866-248-8441 and referencing passcode 5713272. For those unable to attend live, a replay will be available from 12:00 p.m. ET on July 27 until 12:00 p.m. ET on September 4, 2021. Entegris specializes in advanced materials for the semiconductor industry.

Entegris (NASDAQ: ENTG) announced an expansion of its Life Sciences manufacturing facilities in Billerica, MA; Bloomington, MN; and Logan, UT, as part of a $30 million investment plan for 2021. This follows an earlier $10 million investment in 2020. The expansions will focus on bioprocessing assemblies, including the Aramus™ critical fluid handling product line, which supports vaccine production. Entegris plans to hire nearly 200 skilled employees in 2021 and is developing a Life Sciences Technology Center to enhance bioprocess support.

Entegris reported Q1 2021 sales of $512.8 million, a 24% increase year-over-year. GAAP net income reached $84.7 million ($0.62 per diluted share), while non-GAAP net income was $95.5 million ($0.70 per diluted share). The growth was fueled by strong demand in liquid filtration, advanced deposition materials, and specialty coatings. Additionally, the company anticipates second-quarter sales between $530 million and $545 million, with adjusted diluted earnings projected between $0.77 and $0.82.

Entegris, Inc. (NASDAQ: ENTG) has priced a private offering of $400 million in 3.625% senior unsecured notes due 2029. The offering, which is set to close on April 30, 2021, will yield net proceeds of approximately $394 million after expenses. These funds will be utilized to redeem outstanding senior unsecured notes due 2026 and cover related fees. The 2029 Notes will be available to qualified institutional buyers under Rule 144A and will not be registered under the Securities Act.