Entegris Inc (ENTG) Releases Earnings Results, Beats Expectations By $0.02 EPS

Entegris Inc (ENTG) reported quarterly earnings results on Tuesday, Apr-26-2016. The company said it had a profit of $0.17 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.15. The company posted revenue of $267.00 million in the period, compared to analysts expectations of $258.26 million. The company’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS.

Entegris Inc opened for trading at $13.52 and hit $13.75 on the upside on Friday, eventually ending the session at $13.68, with a gain of 1.18% or 0.16 points. The heightened volatility saw the trading volume jump to 3,31,054 shares. Company has a market cap of $1,924 M.

In a different news, on Feb 23, 2016, Todd James Edlund (Sr. V.P., COO) sold 2,600 shares at $12.19 per share price. According to the SEC, on Aug 12, 2015, Brian F Sullivan (director) sold 9,107 shares at $14.75 per share price. On Aug 4, 2015, Paul L H Olson (director) sold 4,500 shares at $14.72 per share price, according to the Form-4 filing with the securities and exchange commission.

Entegris Inc. is a developer manufacturer and supplier of materials and solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company designs manufactures and markets its products through two segments: Critical Materials Handling and Electronic Materials. In the Critical Materials Handling segment the Company offers a range of products that purify monitor and deliver critical liquids and gases to the semiconductor manufacturing process and similar manufacturing processes as well as microenvironment products. In the Electronic Materials segment the Company offers a range of materials and materials delivery systems to support the semiconductor manufacturing processes. The Company’s products and materials are used to manufacture semiconductors micro-electromechanical systems (MEMS) flat panel displays light emitting diodes (LEDs) chemicals and critical components for aerospace glass manufacturing and biomedical applications.

Entegris Inc

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