secwatch.observer — SEC 8-K summary
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Issuer:     ENTEGRIS INC (ENTG)
CIK:        0001101302
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001101302-23-000065
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Entegris Q1 GAAP net loss $88.2M; non-GAAP EPS $0.65 down 39% YoY
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- Q1 revenue $922.4M (as reported +42% YoY, proforma -3.7%); GAAP diluted EPS $(0.59).
- Non-GAAP diluted EPS $0.65 vs $1.06 YoY; Non-GAAP net income $97.8M.
- Includes $88.9M goodwill impairment on Electronic Chemicals sale; expects >$800M in divestiture proceeds for debt reduction.
- Q2 2023 guidance: revenue $870-900M, GAAP EPS $0.09-$0.14, non-GAAP EPS $0.53-$0.58.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101302/000110130223000065/0001101302-23-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101302/000110130223000065/entg-20230511.htm
  HTML page:      https://secwatch.observer/filing/0001101302-23-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer