Entegris Inc Reports Q4 2024 Performance
Entegris Inc has reported its Q4 2024 financial results, with revenue growth exceeding expectations. The company’s revenue excluding divestitures increased by 11% year-on-year, driven by record sales in its Advanced Purity Solutions and Materials Solutions divisions.
Revenue Growth
- Revenue excluding divestitures increased by 11% year-on-year
- Record sales in Advanced Purity Solutions and Materials Solutions divisions
Full Year Performance
- Revenue growth for the full year was 5%
- Outperformed the market
Profitability
- Non-GAAP EPS exceeded guidance
- Solid profitability
2025 Outlook
- Entegris has outlined a 6.5% revenue growth target for 2025
- Focus on advanced nodes and AI
Q1 Outlook
- Expecting a 7% year-on-year increase in sales
- Outlook for Q1 2025