Entegris Q3 Profit Jumps to $157.8 Million as Revenue Rises 24.5% to $1.005 Billion
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Entegris Inc. (ENTG) reported third-quarter net income of $157.8 million, or $1.03 per share, up from $70.5 million, or $0.46 per share, in the same period last year. Excluding items, the company posted adjusted earnings of $189.7 million, or $1.23 per share. Revenue rose 24.5% to $1.005 billion from $807.1 million a year earlier. For the next quarter, Entegris guided earnings per share of $1.32 to $1.40 on revenue of $1.025 billion to $1.055 billion.
ByTicklex Editorial