earnings
confidence high
sentiment neutral
materiality 0.75
Entegris Q3 sales $808M, -9% YoY; non-GAAP EPS $0.77; guides Q4 rev $810-840M
ENTEGRIS INC
2024-Q3 EPS reported
$1.26
revenue$2,391,371,000
- Net sales $807.7M (-9% as reported, +7% ex-divestitures); GAAP EPS $0.51, non-GAAP EPS $0.77.
- Q4 2024 guidance: sales $810-840M, GAAP EPS $0.49-0.56, non-GAAP EPS $0.75-0.82.
- CEO: market recovery slower than anticipated; AI customers strong but rest of industry challenged.
- Operating segments realigned: MC and AMH combined into one reportable segment starting Q4 2024.
- Adjusted EBITDA margin 28.8% in Q3; guided 28.5%-29.5% for Q4.