Entegris, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 29, 2024
July 31, 2024 at 06:00 am
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Entegris, Inc. reported earnings results for the second quarter and six months ended June 29, 2024. For the second quarter, the company reported sales was USD 812.65 million compared to USD 901 million a year ago. Sales was USD 812.65 million compared to USD 901 million a year ago. Net income was USD 67.7 million compared to USD 197.65 million a year ago. Net income was USD 67.7 million compared to USD 197.65 million a year ago. Basic earnings per share from continuing operations was USD 0.45 compared to USD 1.32 a year ago. Basic earnings per share from continuing operations was USD 0.45 compared to USD 1.32 a year ago. Diluted earnings per share from continuing operations was USD 0.45 compared to USD 1.31 a year ago. Diluted earnings per share from continuing operations was USD 0.45 compared to USD 1.31 a year ago.
For the six months, sales was USD 1,583.68 million compared to USD 1,823.4 million a year ago. Sales was USD 1,583.68 million compared to USD 1,823.4 million a year ago. Net income was USD 112.96 million compared to USD 109.48 million a year ago. Net income was USD 112.96 million compared to USD 109.48 million a year ago. Basic earnings per share from continuing operations was USD 0.75 compared to USD 0.73 a year ago. Basic earnings per share from continuing operations was USD 0.75 compared to USD 0.73 a year ago. Diluted earnings per share from continuing operations was USD 0.74 compared to USD 0.73 a year ago. Diluted earnings per share from continuing operations was USD 0.74 compared to USD 0.73 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.