Entegris, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 13, 2024 at 04:33 pm EST
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Entegris, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 812.29 million compared to USD 946.07 million a year ago. Net income was USD 37.98 million compared to USD 57.43 million a year ago. Basic earnings per share from continuing operations was USD 0.25 compared to USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 0.25 compared to USD 0.38 a year ago.
For the full year, sales was USD 3,523.93 million compared to USD 3,282.03 million a year ago. Net income was USD 180.67 million compared to USD 208.92 million a year ago. Basic earnings per share from continuing operations was USD 1.21 compared to USD 1.47 a year ago. Diluted earnings per share from continuing operations was USD 1.2 compared to USD 1.46 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.