Entegris, Inc. Reports Earnings Results for the First Quarter Ended March 30, 2024
May 01, 2024 at 06:00 am EDT
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Entegris, Inc. reported earnings results for the first quarter ended March 30, 2024. For the first quarter, the company reported sales was USD 771.03 million compared to USD 922.4 million a year ago. Net income was USD 45.27 million compared to net loss of USD 88.17 million a year ago.
Basic earnings per share from continuing operations was USD 0.3 compared to basic loss per share from continuing operations of USD 0.59 a year ago. Diluted earnings per share from continuing operations was USD 0.3 compared to diluted loss per share from continuing operations of USD 0.59 a year ago.
Entegris, Inc. is a supplier of advanced materials and process solutions for the semiconductor and other high technology industries (high-tech). The Company's segments include Materials Solutions (MS), Microcontamination Control (MC) and Advanced Materials Handling (AMH). The MS segment provides advanced consumable materials, such as chemical mechanical planarization (CMP) slurries and pads, deposition materials, process chemistries and gases, formulated cleans, etchants and other specialty materials. The MC segment is engaged in filtering and purifying critical liquid chemistries and gases used in semiconductor manufacturing processes and other high-tech industries. The AMH segment protects critical materials during manufacturing, transportation, and storage; including products that monitor, protect, transport and deliver critical liquid chemistries, wafers, and other substrates for a broad set of applications in the semiconductor, life sciences and other high-tech industries.