Entegris, Inc. Provides Earnings Guidance for the Third Quarter Ending October 1, 2022 and Full Year of Fiscal 2022
August 02, 2022 at 06:00 am EDT
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Entegris, Inc. provided earnings guidance for the third quarter ending October 1, 2022 and full year of fiscal 2022. For the third quarter ending October 1, 2022, the company expects sales (for the combined company) of $1.00 billion to $1.04 billion and EBITDA of approximately 30% of sales.
For the full year 2022, The company expects to achieve strong growth on a proforma basis.
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.