Entegris Fiscal Q3 Non-GAAP Earnings, Sales Fall; Q4 Outlook Set -- Shares Down Pre-Bell

MT Newswires Live10-30

Entegris (ENTG) reported fiscal Q3 non-GAAP earnings Thursday of $0.72 per diluted share, down from $0.77 a year earlier.

Analysts polled by FactSet expected $0.72.

Net sales for the quarter ended Sept. 27 were $807.1 million, compared with $807.7 million a year earlier.

Analysts surveyed by FactSet expected $804.2 million.

For Q4, the company expects adjusted EPS of $0.62 to $0.69. Analysts polled by FactSet expect $0.76.

Sales for the quarter are expected in the range of $790 million to $830 million. Analysts polled by FactSet expect $829.4 million.

Entegris shares were down 2.7% in recent premarket activity.

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