Entegris to exceed sales guidance for third quarter 2003 results

Entegris, Inc., the materials integrity management company, today announced that it expects to exceed previous company guidance for its third quarter 2003, which ended on May 31, 2003.

Entegris expects to report third quarter 2003 revenue of above $67 million and a net profit. In its second quarter 2003 financial release, Entegris indicated that it expected sales for its third quarter 2003 to increase from its second quarter 2003 by about 10 to 15 percent to approximately $60 to $62 million.

“Sales in our semiconductor, data storage and services markets firmed more than anticipated during our third quarter,” said Jim Dauwalter, president and chief executive officer of Entegris. “In addition, Team Entegris executed well on the integration of the acquired wafer and reticle carrier line, announced in February 2003. While industry conditions remain challenging and visibility low, we are very pleased with our execution during this quarter,” concluded Dauwalter.

600450 Entegris to exceed sales guidance for third quarter 2003 results glassonweb.com
Date: 3 June 2003
Source: Entegris

See more news about:

Others also read

Local quality glass producer Emirates Glass Limited has won contracts to supply 68,000 square metres of its high quality EmiCool glass to five major projects in Dubai.
Southwall Technologies Inc. (Nasdaq:SWTX), a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, today announced that on Dec. 18, 2003, it secured an agreement for a new bank loan guarantee and equity financing package of up to $7.5 million from Needham & Company, Inc., its affiliates and Dolphin Asset Management.
KUB Malaysia Bhd has accepted an offer from Nippon Sheet Glass Co Ltd (NSG) to acquire its 15% stake in Malaysian Sheet Glass Bhd (MSG) for RM32.6 million in cash, or RM2.68 per share.
Co-Ventures in Glass Containers (CVIGC, Ltd.) of Tampa, Florida, USA and Micro-Tek Canada, Inc. Of Toronto, Canada are excited to announce the beginning of a long term joint venture to combine their extensive experiences and resources to offer the Glass Container Industry globally a best value alternative for all their outsourcing needs in manufacturing, operations and technical assistance agreements, specifically targeted to the smaller manufacturers who have found the larger service companies to be cost and profit prohibitive.The principals of the two companies have found a global need for smaller glass companies who require excellent technical resources to properly compete within the industry without the high costs of employing their own staffs or outsourcing their requirements to the larger service companies whose own operating costs and overhead are substantial.
China's largest automobile glass maker Fuyao Glass Industry Group Co, Ltd, won its case against the dumping ruling of the US Department of Commerce (DOC).
When did the wine industry start using glass bottles, and how did they settle on their current size of 750ml? For the answer to these questions, you have to go back in time - back thousands of years to when wine was first cultivated and enjoyed.

Add new comment