We discussed Entegris (ENTG) early October last year and argued that a buying opportunity had opened up. That is indeed what materialized, but now, two other things have emerged which warrant a further evaluation:
- Preliminary results
- Acquisition of Versum Materials (VSM)
Preliminary results for Entegris
Both Entegris and Versum produced preliminary results. The main takeaways from the preliminary Q4 results of Entegris:
- Q4 revenue of $402M (+15% Y/Y; +1% Q/Q)
- GAAP EPS of $0.56-0.58; Non-GAAP EPS of $0.46-0.48.
- FY 2018 revenue of $1.6B increased 15% Y/Y and GAAP EPS of