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

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