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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (91031)11/2/2023 7:30:19 AM
From: Return to Sender  Read Replies (1) | Respond to of 95383
 
Entegris beats by $0.08, reports revs in-line; guides Q4 EPS below consensus, revs below consensus

6:12 AM ET 11/2/23 | Briefing.com

Reports Q3 (Sep) earnings of $0.68 per share, excluding non-recurring items, $0.08 better than the FactSet Consensus of $0.60; revenues fell 10.6% year/year to $888.2 mln vs the $891.92 mln FactSet Consensus."The semiconductor industry has likely reached a bottom in terms of utilization rates. However, the timing of the industry recovery continues to be uncertain. In this environment, we are effectively managing costs in the short-term, while making critical investments for the future."Co issues downside guidance for Q4, sees EPS of $0.55-0.60, excluding non-recurring items, vs. $0.63 FactSet Consensus; sees Q4 revs of $770-790 mln vs. $845.70 mln FactSet Consensus.