secwatch.observer — SEC 8-K summary
======================================

Issuer:     ENTEGRIS INC (ENTG)
CIK:        0001101302
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001101302-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Entegris Q4 2023 sales $812M, down 14% YoY; non-GAAP EPS $0.65 above guidance
-----------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101302/000110130224000005/0001101302-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101302/000110130224000005/entg-20240213.htm
  HTML page:      https://secwatch.observer/filing/0001101302-24-000005

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