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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: amadeus who wrote (23809)	12/20/2000 9:39:40 PM
From: puborectalis	Respond to of 24256

Entegris sales up 43% in quarter; outlook remains positive Semiconductor Business News (12/20/00 17:12 p.m. EST) CHASKA, Minn.--Entegris Inc(ENTG). here today reported revenues reached a record $102.6 million in the company's fiscal first quarter, ended Nov. 26, which was an increase of 43% from $71.8 million in the period last year. The supplier of wafer transport systems and materials containers for chip fabs also reported a record net income of $18.1 million in the quarter vs. $8.6 million last year. "Industry analysts have become more cautious in their outlook for semiconductor industry growth for calendar year 2001," noted Jim Dauwalter, president and chief operating officer. "However, as the world's leading materials integrity management provider, we anticipate second quarter revenue performance similar to the first quarter and a healthy sales increase of about 15% on a fiscal year basis, which would provide a very strong comparison to our record fiscal year 2000 results," he said. Entegris beat Wall Street's earnings consensus with a net income of $0.25 per share vs. $0.21, based on a survey of financial analysts by First Call/Thomson Financial.