Entegris, Inc. Provides Unaudited Earnings Guidance for the Fourth Quarter and Year Ended December 31, 2018
January 28, 2019 at 06:01 am EST
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Entegris, Inc. provided unaudited earnings guidance for the fourth quarter and year ended December 31, 2018. For the quarter, the company expected net sales of $401,642,000, GAAP - Operating income of $71,308,000, GAAP net income of $79,125,000 to $81,925,000. GAAP earnings per diluted share is expected to range from $0.56 to $0.58.
The Company expected to report sales of $1.55 billion for fiscal 2018, an increase of 15% from 2017. GAAP earnings per diluted share is expected to range from $1.68 to $1.70 for fiscal 2018. The company expects GAAP - Operating income of $292,689,000 and GAAP net income of $239,096,000 to $241,896,000.
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.
ENTEGRIS, INC. 
