Entegris Q1 EPS Rises to $0.86 with $811.9M Revenue, Raises Q2 Guidance
ENTG•Entegris reported Q1 net income of $92 million, adjusted EPS of $0.86 beating the 75-cent estimate, and revenue of $811.9 million surpassing forecasts. It projected Q2 revenue of $815 million to $845 million and EPS of $0.76 to $0.84.
1. Q1 Financial Performance
Entegris delivered first-quarter net income of $92 million and adjusted earnings of $0.86 per share, topping the consensus of $0.75. Quarterly revenue reached $811.9 million, exceeding the forecasted $807.3 million.
2. Q2 Guidance Outlook
The company set second-quarter revenue guidance between $815 million and $845 million, with expected EPS of $0.76 to $0.84, reflecting cautious optimism in market demand and cost management.
3. AI-Driven Demand
Strong spending on AI data centers and advanced chip manufacturing tools underpinned order growth, positioning Entegris to capitalize on heightened semiconductor industry investment in high-purity materials and filtration systems.
