Entegris Reports Third Quarter Loss Due to Non-Cash Charges
(Published: Tuesday, November 04, 2008)
Company Reports Non-GAAP Earnings of $0.06 From Continuing Operations
CHASKA (Minneapolis), Minn., November 4, 2008 – Entegris, Inc. (Nasdaq: ENTG) today reported its financial results for the fiscal third quarter ended September 27, 2008:
- Sales of $145.8 million
- GAAP loss per share of $3.68 reflecting non-cash charges
- Non-GAAP EPS from continuing operations of $0.06
- Non-GAAP gross margin of 42 percent
- Cash from operations of $11.7 million
Entegris’ third-quarter sales were $145.8 million, versus $151.8 million for the same period a year ago and $147.9 million for the second quarter of fiscal 2008. Poco Graphite, which was acquired on August 11, 2008, contributed approximately $10 million to sales in the third quarter.
Read the continuation of the Entegris Reports Results for Third Quarter of Fiscal 2008.