Tuesday, semiconductor maker Entegris, Inc. (ENTG) reported a narrower loss for the third quarter, compared to the year-ago period due to higher sales and lower restructuring charges.
Entegris' loss from continuing operations narrowed to $7.6 million from a loss of $22.49 million in the year-ago period. On a per share basis, net loss was down to $0.07 from $0.20 in the prior-year period. Analysts polled by Thomson Reuters expected a loss of $0.04 for the quarter. Analysts' estimates typically exclude one-time items.
Sales increased to $110.7 million from $82.57 million in the year-ago period. Analysts expected revenues of $104.03 million.
Segement-wise, contamination control solutions sales increased to $65.64 million from $47.54 million; micro-environments product sales increased to $32.44 million from $26.17 million and specialty materials sales increased to $12.61 million from $8.85 million in the year-ago period.
For the quarter, restructuring charges decreased to $2.36 million from $5.45 million in the year-ago period.
For the nine-month period, net loss narrowed to $67.84 million or $0.60 per share from $385.20 million $3.40 per share a year back. Net sales was down to $252.32 million from $441.96 million last year.
ENTG is currently trading at $4.05, down $0.31, on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.