Entegris Reports Q3 Earnings Beat with $1B Revenue and Strong Q4 Guidance
Entegris (ENTG) reported third-quarter financial results that exceeded market expectations, posting a non-GAAP EPS of $1.23, which beat estimates by $0.21. The company's revenue reached $1 billion, representing a 23.9% increase year-over-year and surpassing consensus estimates by approximately $74.65 million. Looking ahead to the fourth quarter, Entegris provided optimistic guidance, projecting sales between $1.025 billion and $1.055 billion. The company also expects non-GAAP diluted EPS to fall within the range of $1.32 to $1.40, with adjusted EBITDA margins expected to remain strong at 30.7% to 31.2%.
Tickers: $ENTG