Welcome to our dedicated page for Entegris news (Ticker: ENTG), a resource for investors and traders seeking the latest updates and insights on Entegris stock.
Entegris Inc (symbol: ENTG) is a prominent supplier of materials and process solutions for the semiconductor and other high-technology industries. Headquartered in Billerica, Massachusetts, Entegris has been serving the market for over 40 years, providing critical products and materials integral to the manufacturing of complex microelectronic products like computers, mobile devices, data storage components, televisions, monitors, and automobiles.
The company's core business is divided into three reportable segments:
- Materials Solutions: This segment offers materials-based solutions, including chemical mechanical planarization (CMP) slurries and pads, deposition materials, process chemistries and gases, and other specialty materials.
- Microcontamination Control (MC): Entegris provides solutions to purify critical liquid chemistries and process gases used in semiconductor manufacturing and other high-technology industries.
- Advanced Materials Handling (AMH): This segment focuses on products that ensure the safe and efficient transport, storage, and handling of critical materials.
Entegris employs approximately 3,500 people worldwide, with a strong presence in the Asia-Pacific and European regions. The company operates research and development centers, customer service units, analytical labs, and manufacturing facilities across these key geographical areas to support its global clientele.
Recent achievements and ongoing projects highlight Entegris's commitment to innovation and customer satisfaction. The company continues to invest in research and development to push the boundaries of technology and provide cutting-edge solutions. Entegris's financial condition remains robust, with continuous growth driven by strategic partnerships and a diversified product portfolio.
With its comprehensive range of products and solutions, Entegris plays an essential role in enabling its customers to advance their technological capabilities, ensuring efficiency and reliability in high-tech industries.
Entegris, Inc. (NASDAQ: ENTG) reported a strong fourth quarter for 2020, with sales totaling $517.6 million, a 21% increase from the previous year. The GAAP net income reached $86.6 million or $0.63 per diluted share, while non-GAAP net income was $97.1 million with earnings of $0.71 per share. The company anticipates first-quarter sales between $510 million and $525 million, reflecting ongoing optimism in the semiconductor market driven by high chip demand.
Entegris, Inc. (NASDAQ: ENTG) will announce its fourth quarter 2020 financial results on February 2, 2021, prior to market opening. A teleconference is scheduled on the same day at 9:00 a.m. Eastern Time, where participants can join by dialing +1 323-289-6576 or 800-437-2398 and using confirmation code 9608918. For those unable to attend, a replay will be available until March 20, 2021. Entegris is a leading supplier of materials and solutions for the semiconductor industry, certified in ISO 9001.
Entegris (Nasdaq: ENTG) has declared a quarterly cash dividend of $0.08 per share. This dividend is set for payment on February 17, 2021, to shareholders who are on record as of the close of business on January 27, 2021. Entegris continues to demonstrate its commitment to returning value to shareholders while operating as a leading provider of advanced materials and process solutions in the semiconductor and high-tech industries.
Entegris (NASDAQ: ENTG) is investing approximately $200 million to expand its manufacturing capabilities in Taiwan over the next three to five years. The new facility, covering 27,000 square meters in Kaohsiung Science Park, is set to begin construction in early 2021 and aims to enhance production for critical semiconductor solutions. With an expected recruitment of over 200 new employees, this expansion underlines Entegris' commitment to meeting the growing demand from global semiconductor manufacturers in the region.
Entegris, Inc. (NASDAQ: ENTG) has settled patent litigation with Gudeng Precision Ltd. regarding reticle pod technology for conventional and EUV lithography. The confidential license agreements resolve ongoing legal disputes, including an appeal that awarded Entegris nearly NT$1 billion. CEO Bertrand Loy emphasized that these agreements are beneficial for customers as the company continues to advance EUV lithography. Entegris remains committed to innovation in the semiconductor industry, supported by significant R&D investments.
Entegris, a leading supplier for the semiconductor industry, has announced its ambitious 2030 goals to enhance its Corporate Social Responsibility (CSR) initiatives. These goals focus on four pillars: Innovation, Safety, Personal Development and Inclusion, and Sustainability. Entegris aims to align 100% of its innovation portfolio with the UN's Sustainable Development Goals, achieve an injury-free workplace, invest over $30 million in STEM scholarships, and utilize 100% renewable energy by 2030. The company emphasizes its commitment to creating a positive global impact.
Entegris, Inc. (NASDAQ: ENTG) reported strong third-quarter results for the period ending September 26, 2020, with sales reaching $481.0 million, up 22% year-over-year. The GAAP net income stood at $79.3 million or $0.58 per diluted share. Non-GAAP net income was $91.5 million, translating to $0.67 per diluted share. The quarter highlighted the successful integration of the GMTI acquisition and increased demand for their advanced technology solutions. For Q4 2020, Entegris forecasts sales between $480 million to $495 million.
Entegris, Inc. (Nasdaq: ENTG) has announced a quarterly cash dividend of $0.08 per share, set to be paid on November 18, 2020. This dividend will be distributed to shareholders on record as of the close of business on October 28, 2020. As a leading supplier in the semiconductor and high-tech industries, Entegris continues to demonstrate its commitment to shareholder returns while maintaining its operations across various global locations.
Entegris (NASDAQ: ENTG) will announce its Q3 2020 financial results on October 22, 2020, before market opening. A teleconference is scheduled at 9:00 a.m. ET on the same day, where participants can dial in at +1 323-289-6576 or 800-437-2398 using confirmation code 2871729. A replay of the call will be accessible from 12:00 p.m. ET on October 22 through December 5, 2020. Entegris specializes in advanced materials and process solutions for the semiconductor industry and operates globally.
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