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Entegris Inc - ENTG STOCK NEWS

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.

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Entegris to build a $600 million manufacturing center of excellence in Colorado Springs, targeting initial commercial operation in early 2025. The 100,000-square-foot facility will support production for Entegris' Microcontamination Control (MC) and Advanced Materials Handling (AMH) divisions. The center has the potential to create approximately 600 new jobs over several years.
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Entegris terminates distribution agreement with MacDermid Alpha Electronics Solutions in exchange for $200 million. Entegris has received $170 million at closing and the remainder will be paid at the conclusion of a transitionary period. The ViaForm® product had sales of approximately $55 million in 2022. This transaction contributes to debt paydown and aligns with Entegris' focus on strategic assets.
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Entegris reports first-quarter revenue of $922.4 million, a 42% increase from last year. GAAP net loss was $88.2 million, or $0.59 loss per diluted share. Non-GAAP net income was $97.8 million, with earnings per diluted share of $0.65. Second-quarter sales expected to be $870 million to $900 million.
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Entegris (NASDAQ: ENTG) is set to announce its financial results for the first quarter of 2023 before market opening on May 11, 2023. A teleconference is scheduled for 8:00 a.m. Eastern Time on the same day, where management will discuss the results. Interested participants can join by dialing +1 800-245-3047 or +1 203-518-9765, using Conference ID: ENTGQ123. It is advised to connect 5-10 minutes early. A live webcast of the call will also be available, along with a replay. Entegris is a prominent supplier of advanced materials for the semiconductor and high-tech industries, boasting about 9,000 employees globally and multiple manufacturing and research facilities across several countries.

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Entegris, Inc. (Nasdaq: ENTG) has declared a quarterly cash dividend of $0.10 per share. The dividend will be paid on May 24, 2023 to shareholders who are on record as of the close of business on May 3, 2023. This announcement reflects the company's commitment to returning value to its shareholders.

Entegris specializes in providing advanced materials and process solutions for the semiconductor and high-tech industries, with approximately 10,000 employees globally. The company maintains ISO 9001 certification and has operations in multiple countries, including the United States, Canada, and Japan.

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Entegris, Inc. (NASDAQ: ENTG) has appointed Linda LaGorga as its new chief financial officer, effective May 15, 2023, succeeding Greg Graves, who is retiring after over 20 years with the company. LaGorga, who brings more than 25 years of financial expertise, previously served as VP and CFO at Honeywell’s $2.4 billion UOP business unit, among other roles. She holds a Bachelor’s degree from the University of Pennsylvania and an MBA from Harvard Business School. CEO Bertrand Loy expressed confidence in LaGorga's capabilities to steer the financial direction of Entegris and enhance its growth potential.

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FAQ

What is the current stock price of Entegris (ENTG)?

The current stock price of Entegris (ENTG) is $99.46 as of December 20, 2024.

What is the market cap of Entegris (ENTG)?

The market cap of Entegris (ENTG) is approximately 14.8B.

What does Entegris Inc specialize in?

Entegris Inc specializes in providing materials and process solutions for the semiconductor and high-technology industries.

Where is Entegris Inc headquartered?

Entegris Inc is headquartered in Billerica, Massachusetts.

How many employees does Entegris Inc have?

Entegris Inc employs approximately 3,500 people worldwide.

What are the main segments of Entegris's business?

Entegris's business is divided into three main segments: Materials Solutions, Microcontamination Control (MC), and Advanced Materials Handling (AMH).

In which regions does Entegris Inc operate?

Entegris Inc operates in regions including Taiwan, North America, South Korea, Japan, China, Europe, and Southeast Asia.

What types of products does the Materials Solutions segment provide?

The Materials Solutions segment provides CMP slurries and pads, deposition materials, process chemistries and gases, and other specialty materials.

What does the Microcontamination Control segment focus on?

The Microcontamination Control segment focuses on solutions to purify critical liquid chemistries and process gases used in semiconductor manufacturing.

What is the role of the Advanced Materials Handling segment?

The Advanced Materials Handling segment ensures the safe and efficient transport, storage, and handling of critical materials.

How does Entegris support its global customers?

Entegris supports its global customers through research and development centers, customer service units, analytical labs, and manufacturing facilities in key geographical areas.

What are Entegris's recent achievements?

Entegris has made significant investments in research and development and formed strategic partnerships to drive growth and innovation in high-technology industries.

Entegris Inc

Nasdaq:ENTG

ENTG Rankings

ENTG Stock Data

14.83B
150.42M
0.33%
101.84%
5.06%
Semiconductor Equipment & Materials
Plastics Products, Nec
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United States of America
BILLERICA