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Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%Nov 6 4:00 PM EST

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To: Return to Sender who wrote (91724)2/13/2024 5:47:39 PM
From: Return to Sender  Read Replies (1) of 95383
 
Entegris beats by $0.07, beats on revs; guides Q1 EPS mostly below consensus, revs below consensus

4:33 PM ET 2/13/24 | Briefing.com

Reports Q4 (Dec) earnings of $0.65 per share, excluding non-recurring items, $0.07 better than the FactSet Consensus of $0.58; revenues fell 14.1% year/year to $812.3 mln vs the $780.95 mln FactSet Consensus."As we enter 2024, inventories of semiconductors have largely normalized, end demand has stabilized in most segments, and we expect a gradual industry recovery to occur throughout the year. In addition, we expect Entegris will continue to outgrow the market and show leverage in our model."Co issues guidance for Q1, sees EPS of $0.60-0.65, excluding non-recurring items, vs. $0.65 FactSet Consensus; sees Q1 revs of $770-790 mln vs. $803.61 mln FactSet Consensus.
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