ENTEGRIS Reports Q2 FY2023 Earnings Results on August 3 2023

August 9, 2023

🌥️Earnings Overview

On August 3 2023, ENTEGRIS ($NASDAQ:ENTG) reported second quarter FY2023 earnings results, ending June 30 2023. Compared to the same period of the prior year, total revenue increased by 30.1% to USD 901.0 million while net income rose 98.7% to USD 197.6 million.

Share Price

On Thursday, August 3 2023, ENTEGRIS reported its financial results for the second quarter of fiscal year 2023. ENTEGRIS stock opened at $103.0 and closed at $102.7, representing a decrease of 0.8% from its prior closing price of $103.6. Overall, ENTEGRIS reported positive results for the second quarter of fiscal year 2023, with strong growth in revenue, earnings per share, and net income. The company’s stock closed at $102.7 on August 3 2023, indicating an overall favorable sentiment towards ENTEGRIS’ financial performance during the quarter. Live Quote…

About the Company

  • ENTEGRIS_Reports_Q2_FY2023_Earnings_Results_on_August_3_2023″>Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Entegris. More…

    Total Revenues Net Income Net Margin
    3.76k 93.2 1.2%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Entegris. More…

    Operations Investing Financing
    456.47 -4.7k 2.08k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Entegris. More…

    Total Assets Total Liabilities Book Value Per Share
    9.91k 6.56k 22.33
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Entegris are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    30.8% 6.2% 11.5%
    FCF Margin ROE ROA
    -1.8% 8.3% 2.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we have conducted an in-depth analysis of ENTEGRIS‘s financials, and we have determined that it is a high-risk investment based on our Risk Rating. We have identified four key risk warnings in its income statement, balance sheet, cash flow statement, and financial journals. These risk warnings can be a valuable source of information for potential investors and can help them make informed decisions on their investments. If you’re interested in learning more about these risk warnings and our overall Risk Rating of ENTEGRIS, please feel free to register with us and check it out. We look forward to helping you make smart investment decisions. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    Entegris, Inc. is a leading provider of advanced materials and process solutions for the microelectronics industry. The company’s products and services help customers increase productivity, improve product quality, and lower manufacturing costs. Entegris is headquartered in Billerica, Massachusetts and has manufacturing, customer service, and research and development facilities in North America, Europe, and Asia. The company’s common stock is listed on the Nasdaq Global Select Market under the symbol ENTG.

    Entegris’ primary competitors are AXT, Inc., Sino-American Silicon Products, Inc., and Oxford Instruments plc. These companies are all leaders in the provision of advanced materials and process solutions for the microelectronics industry.

    – AXT Inc ($NASDAQ:AXTI)

    AXT, Inc., together with its subsidiaries, focuses on the design, development, and manufacture of compound and single element semiconductor substrates in China, Taiwan, South Korea, and Japan. The company operates in two segments, Optical Communications and Emerging Markets.

    – Sino-American Silicon Products Inc ($TPEX:5483)

    Sino-American Silicon Products Inc is a leading global supplier of silicon wafers. The company has a market cap of 71.23B as of 2022 and a ROE of 30.39%. The company’s products are used in a wide range of applications including semiconductor manufacturing, solar energy, LED lighting, and power electronics.

    – Oxford Instruments PLC ($LSE:OXIG)

    Oxford Instruments PLC is a world leader in the design and manufacture of high-performance scientific instruments and systems for research and industrial applications. Its products are used in a wide range of fields, from nuclear magnetic resonance and electron microscopy to materials science and environmental analysis. The company has a market capitalization of 1.08 billion as of 2022 and a return on equity of 13.3%. Oxford Instruments is headquartered in the United Kingdom and has operations in more than 30 countries.

    Summary

    ENTEGRIS Inc. has reported strong financial results for the second quarter of 2023, ending June 30. Total revenue for the quarter was USD 901.0 million, an increase of 30.1% compared to the same period in the prior year. Net income for the quarter rose 98.7% year over year to USD 197.6 million. Investors should be encouraged by the company’s strong performance, as it indicates that ENTEGRIS is generating more income from its operations, which could benefit its stock price in the future.

    Additionally, ENTEGRIS has positioned itself as a leader in the semiconductor industry and its products are seen as reliable and top-notch. As a result, it is likely that the company will continue to experience strong growth and investors should consider investing in ENTEGRIS.

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