earnings
confidence high
sentiment neutral
materiality 0.70
Entegris Q3 revenue up 71% to $994M; non-GAAP EPS $0.85; guides Q4 with export control impact
ENTEGRIS INC
2022-Q3 EPS reported
$1.08
revenue$2,335,963,000
- Q3 net sales $993.8M (+71% YoY); GAAP diluted EPS ($0.50) includes $65.3M amortization, $20.8M integration, $31.9M deal costs.
- Non-GAAP diluted EPS $0.85; non-GAAP net income $127.8M; non-GAAP operating margin 25.5%.
- Q4 guidance: sales $930-970M, GAAP EPS $0.28-0.33, non-GAAP EPS $0.75-0.80; export controls seen reducing Q4 sales by $40-50M.
- Announced definitive agreement to sell Pipeline & Industrial Materials business to Infineum; terms not disclosed.
- Year-to-date pro forma revenue growth 18% despite macro uncertainty and unfavorable FX headwinds.