BUZZ-Entegris falls on lower Q1 sales

Reuters
02-06
BUZZ-Entegris falls on lower Q1 sales

** Shares of chip manufacturing supplier Entegris ENTG.O fall 3.03% to $100.75 in premarket trading

** ENTG expects Q1 sales between $775 mln and $805 mln, the midpoint of which is below analysts' average estimate of $796.3 mln

** Co says Q1 adj. profit of $0.64 to $0.71 per share vs. analysts' average estimate of $0.74 per share

** Co reports Q4 adj. profit of $0.84 share, below analysts' average estimate of $0.78 per share

** Shares fell ~17.33% in 2024

(Reporting by Megha Kumari in Bengaluru)

((Megha.Kumari@thomsonreuters.com;))

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