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 (ENTG) delivers essential materials and process solutions for semiconductor manufacturing worldwide. This news hub provides investors and industry professionals with verified updates on ENTG's strategic developments, financial performance, and technological advancements.
Access real-time press releases covering earnings announcements, product launches, and partnership agreements. Our curated collection includes regulatory filings, leadership updates, and sustainability initiatives directly from Entegris corporate sources.
Key updates focus on contamination control innovations, microelectronics market expansions, and R&D breakthroughs. Track ENTG's progress in enabling next-generation chip manufacturing through specialized materials engineering and purification technologies.
Bookmark this page for immediate access to ENTG's official communications. Combine fundamental analysis with timely operational updates to inform your investment strategy in the semiconductor supply chain sector.
Entegris has released its fourth annual Corporate Social Responsibility (CSR) report for 2023, detailing significant progress in innovation, safety, personal development, inclusion, and sustainability. The company highlighted efforts such as a 35% reduction in landfill waste, a $5.4 million investment in STEM scholarships and internships, and deployment of the SafeStart© program. Notable achievements include receiving a Gold rating from EcoVadis and an 'A' rating from MSCI. Entegris' CSR strategy aligns with U.N. SDGs and follows SASB standards, with additional focus on TCFD metrics.
Entegris (Nasdaq: ENTG) has signed a Preliminary Memorandum of Terms (PMT) with the U.S. Department of Commerce for up to $75 million in proposed funding under the CHIPS and Science Act. The funding will support the establishment of a new Manufacturing Center of Excellence in Colorado Springs, expected to begin operations in 2025. This facility will enhance production capabilities for critical semiconductor manufacturing products and create approximately 600 new jobs. The center will also contribute to local economic growth, sustainability goals, and workforce development, partnering with various educational institutions and military organizations.
Entegris, Inc. reported net sales of $771 million for the first quarter of 2024, a 16% decrease from the prior year. GAAP diluted EPS was $0.30 and non-GAAP diluted EPS was $0.68. The company sold its Pipeline and Industrial Materials business, paid down over $400 million of debt, and expects gradual market recovery in the semiconductor industry for 2024. Entegris operates in three segments: Materials Solutions, Microcontamination Control, and Advanced Materials Handling.
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