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Noticias de ENTG
Eventos de ENTG
Entegris Reports Q2 Revenue of $883.2M, Exceeding Expectations
Reports Q2 revenue $883.2M, consensus $835.49M. Dave Reeder, Entegris' President and Chief Executive Officer, said: "We delivered another strong quarter, exceeding our guidance across all key metrics as improving semiconductor demand and accelerating customer capital investments drove double-digit growth across both our unit and capex-related businesses. Our operational initiatives continued to enhance profitability and cash generation, further strengthening our financial position. The next phase of semiconductor investment is underway, and with market-leading positions across our portfolio, growing participation at the industry's most advanced technology nodes, and a strong innovation engine, we are uniquely positioned to translate this opportunity into sustained growth and long-term shareholder value."
Company Expects Q3 Sales Between $905M and $935M
The company said, "For the Company's guidance for the third quarter ending September 26, 2026, the Company expects sales of $905 million to $935 million. The Company expects GAAP net income to be between $116 million and $128 million and diluted earnings per common share is expected to be between $0.75 and $0.83. On a non-GAAP basis, the Company expects diluted earnings per common share to range from $0.96 to $1.04, reflecting net income on a non-GAAP basis in the range of $148 million to $160 million. The Company also expects Adjusted EBITDA of approximately 28.0% to 29.0% of sales." Revenue consensus $880.7M.
ITT Appoints Bertrand Loy and Kevin Wheeler to Board of Directors
ITT (ITT) announced the election of Bertrand Loy and Kevin Wheeler to its board of directors. The appointments are effective as of August 1. The board also appointed Loy to the audit committee and Wheeler to the nominating and governance committee, in each case effective August 1. Loy is executive chairman and former CEO of Entegris (ENTG). Wheeler is executive chairman and former CEO of A. O. Smith (AOS).
Ashland Appoints Bertrand Loy to Board of Directors
Ashland (ASH) is announcing the appointment of Bertrand Loy to its board of directors, effective May 15. Loy currently serves as a director and the executive chair of Entegris (ENTG). He will serve on the board's audit and governance and nominating committees, also effective as of May 15. With the addition of Loy and in anticipation of potential director retirements under the board's retirement and resignation policy, Ashland increases the size of the board to nine members.
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