BILLERICA, MA, February 1, 2011 – Entegris, Inc. (Nasdaq: ENTG) today reported its financial results for the Company's fourth quarter and fiscal year ended December 31, 2010.
The Company recorded fourth-quarter sales of $182.1 million, an increase of 24 percent over the prior year, and 2 percent sequentially. Net income was $27.0 million, or $0.20 per share. These results included amortization of intangible assets of $2.8 million. Non-GAAP earnings per share of $0.23 in the fourth quarter of 2010 compared to $0.13 in the fourth quarter a year ago and $0.18 in the third quarter of 2010. A reconciliation table of GAAP to non-GAAP earnings (loss) per share is contained in this press release.
Fiscal 2010 sales were $688.4 million, representing a 73% increase compared to sales of $398.6 million in 2009. Net income per share of $0.63 compared to a net loss of $0.49 per share a year earlier. On a non-GAAP basis, net income per share in fiscal 2010 was $0.71 compared with a net loss per share of $0.27 for the year earlier.