Entegris Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Entegris (NASDAQ:ENTG) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$807.7m (down 9.1% from 3Q 2023).
• Net income: US$77.6m (up 134% from 3Q 2023).
• Profit margin: 9.6% (up from 3.7% in 3Q 2023).
• EPS: US$0.51 (up from US$0.22 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Entegris EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 8.3%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are down 4.7% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Entegris (1 can't be ignored!) that you need to take into consideration.

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