BILLERICA, Mass. (AP) — BILLERICA, Mass. (AP) — Entegris Inc. (ENTG) on Thursday reported third-quarter net income of $157.8 million.
The Billerica, Massachusetts-based company said it had profit of $1.03 per share. Earnings, adjusted for one-time gains and costs, came to $1.23 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.
The maker of equipment used in chip manufacturing posted revenue of $1.01 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $924.4 million.
For the current quarter ending in December, Entegris expects its per-share earnings to range from $1.32 to $1.40.
The company said it expects revenue in the range of $1.02 billion to $1.06 billion for the fiscal fourth quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENTG at https://www.zacks.com/ap/ENTG
