Entegris, Inc. (Nasdaq: ENTG) has declared a quarterly cash dividend of $0.10 per share to be paid on May 21, 2025, to shareholders of record on the close of business on April 30, 2025. This represents a change from the previous dividend, indicating potential shifts in the company's financial position and strategy.
In terms of financial performance, Entegris reported its Q1 2025 earnings per share at $0.82, representing an increase of 41.4% from the same period last year. The company's revenue for Q1 2025 was $1.15 billion, marking a 32.3% increase from the prior year's Q1.
Furthermore, the company's net income for Q1 2025 stood at $195.6 million, showcasing a significant rise from the Q1 2024 figure. Entegris' operating cash flow for the trailing twelve months ending Q1 2025 was reported at $551.6 million, reflecting a notable increase from the same period in the previous year.
Entegris holds a strong financial position with cash and cash equivalents of $1.2 billion as of the end of Q1 2025, demonstrating a substantial rise from the previous year. Additionally, the company's free cash flow for the trailing twelve months ending Q1 2025 was $394.1 million, indicating a considerable surge from the prior year's figure.
In terms of market performance, Entegris' stock price has shown significant growth, with the company's shares trading at $156.23 as of the latest available data, representing a substantial increase from the previous year's levels.
Entegris continues to strengthen its position in the market as a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, with approximately 8,000 employees across its global operations. The company's strong financial performance and strategic decisions, such as the declaration of dividends, reflect its commitment to delivering value to its shareholders and sustaining growth in the dynamic high-tech industry landscape. As a result of these announcements, the company's shares have moved -10.7% on the market, and are now trading at a price of $65.07. If you want to know more, read the company's complete 8-K report here.