Entegris beats by $0.02, beats on revs; guides Q3 EPS in-line, revs in-line
6:09 AM ET 7/30/25 | Briefing.com
Reports Q2 (Jun) earnings of $0.66 per share, excluding non-recurring items, $0.02 better than the FactSet Consensus of $0.64; revenues fell 2.5% year/year to $792.4 mln vs the $765.43 mln FactSet Consensus. Co issues in-line guidance for Q3, sees EPS of $0.68 to $0.75, excluding non-recurring items, vs. $0.75 FactSet Consensus; sees Q3 revs of $780 mln to $820 mln vs. $807.88 mln FactSet Consensus.
08:10 AM EDT, 07/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
ENTG posted Q2 sales of $792M (-3% Y/Y), above expectations of $765M, though representing a step back from Q1's flat Y/Y performance. Non-GAAP EPS of $0.66 (-7% Y/Y) was near Street expectations of $0.64. Growth was supported by unit-driven solutions, particularly in the CMP space, with Materials Solutions (45% of sales) up 4% Y/Y while Advanced Purity Solutions (55%) declined 7%. Q3 sales guidance of $800M at the midpoint came in below consensus ($808M), with management citing impacts from the uncertain trade environment. Q3 EPS guidance of $0.68-$0.75 also trailed consensus ($0.74). Adjusted gross margin compressed to 44.6% from 46.1% in Q1 and 46.2% in Q2 2024, driving operating margin down to 20.9% (-120 bps Q/Q, -110 bps Y/Y). Operating cash flow of $114M fell short of expectations ($224M), partially on continued inventory building. We expect continued pressure as management confirmed that new fab construction activity remains subdued in 2025, with a tone that suggested Q4 growth may not impress. |
