Entegris: Q3 Earnings Snapshot
By AP News
Published - Nov 04, 2024, 06:11 AM ET
Last Updated - Dec 16, 2024, 05:43 PM EST
BILLERICA, Mass. (AP) — BILLERICA, Mass. (AP) — Entegris Inc. (ENTG) on Monday reported third-quarter net income of $77.6 million.
On a per-share basis, the Billerica, Massachusetts-based company said it had net income of 51 cents. Earnings, adjusted for non-recurring costs, came to 77 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.
The maker of equipment used in chip manufacturing posted revenue of $807.7 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $830.7 million.
