Billerica, Massachusetts-based Entegris, Inc. ENTG released financial results on Tuesday morning that beat Wall Street estimates.
Entegris, Inc announced that its 4th quarter net income more than doubled to $27.0 million, or 20 cents per share, up from $10.1 million, or 8 cents per share, a year earlier.
Excluding special items, the company reported earnings of 23 cents per share.
Entegris, Inc reported revenue of $182.1 million, up 24% from $146.32 million a year earlier.
According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 19 cents per share, on revenue of $179.58 million.
Entegris, Inc. (ENTG) finished the previous trading day at $7.65 per share. The consensus price target of analysts covering the company's stock is $8.25 per share.
Entegris, Inc provides a wide range of products for purifying, protecting and transporting critical materials used in processing and manufacturing in semiconductor and other high-tech industries.
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