Entegris Q2 GAAP EPS $1.31 (incl. $155M gain); non-GAAP $0.66; Q3 guidance below Q2

ENTEGRIS INC

2023-Q2 EPS reported $0.73 revenue$1,823,396,000

GAAP diluted EPS $1.31 includes $154.8M gain on alliance termination; non-GAAP EPS $0.66 vs. $1.00 YoY.
Revenue $901M (+30% YoY from CMC acquisition); pro forma revenue -11% YoY.
Adj. segment profit: APS -28% YoY, AMH -24% YoY, SCEM -48% YoY, MC +0.6% YoY.
Q3 guidance: revenue $875-900M, non-GAAP EPS $0.57-0.62, below Q2 actuals.
CMC integration on track; divestitures of three businesses >$1B total proceeds in 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ENTEGRIS INC reported second quarter of 2023 results: revenue $901.0 million, net income $197.6 million, EPS $1.31. Guidance raised.

Period: second quarter of 2023
Revenue: $901.0 million
Net income: $197.6 million
EPS: $1.31
Guidance: raised
Result: reported results

Exact text from the filing

Entegris , Inc. (NASDAQ: ENTG), today reported its financial results for the Company’s second quarter ended July 1, 2023. Second-quarter sales were $901.0 million, an increase of 30% from the same quarter last year. Second-quarter GAAP net income was $197.6 million, or $1.31 income per diluted share, which included a $154.8 million of gain on a termination of an alliance agreement, $54.7 million of amortization of intangible assets, $18.4 million of integration costs and $19.4 million of other net costs.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

ENTEGRIS INC filing history →

Source: SEC EDGAR

accession 0001101302-23-000077

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.