Entegris Reports First Quarter 2009 Results
(Published: Thursday, April 30, 2009)
Cost reductions lower quarterly break-even point to below $85 million
CHASKA (Minneapolis), Minn., April 30, 2009 – Entegris, Inc. (Nasdaq: ENTG) today reported its financial results for the fiscal first quarter ended March 28, 2009.
The Company recorded first-quarter sales of $59.0 million and a net loss of $37.7 million, or $0.34 per share. These results included additional cost of sales of $4.1 million related to inventory acquired in the acquisition of Poco Graphite, amortization of intangible assets of $5.0 million, and restructuring charges of $4.6 million.
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