earnings
confidence high
sentiment positive
materiality 0.70
Entegris Q4 2023 sales $812M, down 14% YoY; non-GAAP EPS $0.65 above guidance
ENTEGRIS INC
2023-FY EPS reported
$1.20
revenue$3,523,926,000
- Q4 net sales $812M (-14% YoY, -9% QoQ); GAAP diluted EPS $0.25; non-GAAP diluted EPS $0.65 (above guidance).
- Outperformed market by 6 points in 2023; divested three non-core businesses and reduced debt by $1.3B.
- Q1 2024 outlook: sales $770-790M, GAAP EPS $0.28-0.33, non-GAAP EPS $0.60-0.65, Adj EBITDA ~26.5-27.5%.
- CEO cites gradual industry recovery in 2024; long-term growth driven by technology node complexity and content per wafer.