Entegris: Q2 Earnings Snapshot
By AP News
Published - Jul 31, 2024, 06:12 AM ET
Last Updated - Jul 31, 2024, 06:12 AM EDT
BILLERICA, Mass. (AP) — BILLERICA, Mass. (AP) — Entegris Inc. (ENTG) on Wednesday reported second-quarter net income of $67.7 million.
On a per-share basis, the Billerica, Massachusetts-based company said it had profit of 45 cents. Earnings, adjusted for one-time gains and costs, came to 71 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.
The maker of equipment used in chip manufacturing posted revenue of $812.7 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $800.9 million.
