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Entegris, Inc. announced that its shareholders elected Paul L.H. Olson as director for a term expiring in 2014.

Entegris, Inc. announced unaudited consolidated earnings results for the first quarter March 30, 2013. For the quarter, net sales were $165,070,000 against $175,403,000 in the same period a year ago. Sales declined modestly from the fourth quarter reflecting the seasonally soft semiconductor production in Asia and weakness in PC-related semiconductor demand, as well as a negative impact from foreign currency. Operating income was $20,247,000 against $26,757,000 in the same period a year ago. Income before income taxes and equity in affiliates was $21,595,000 against $26,921,000 in the same period a year ago. Adjusted EBITDA was $29,830,000 against $35,694,000 in the same period a year ago. Net income was $16,397,000 or $0.12 per basic and diluted share against $17,859,000 or $0.13 per basic and diluted share in the same period a year ago. Net cash provided by operating activities was $7,435,000 against $374,000 in the same period a year ago. Acquisition of property and equipment was $16,140,000 against $10,605,000 in the same period a year ago. Non-GAAP net income was $17,860,000 or $0.13 per diluted share against $19,424,000 or $0.14 per diluted share in the same period a year ago. Adjusted operating income was $22,534,000 compared to $29,207,000 for the same period a year ago. EPS benefited from two discrete items: the R&D credit just mentioned and other income related to mark-to-market balance sheet adjustments primarily due to the depreciating Japanese yen. The company provided earnings guidance for the second quarter ending June 30, 2013. For the fiscal second quarter ending June 30, 2013, the company expects sales to be flat to up 5% sequentially, or approximately $165 million to $173 million, and EPS to range between $0.09 to $0.11 per share. On a non-GAAP basis, EPS is expected to range from $0.10 to $0.12 per share, which reflects net income on a non-GAAP basis in the range of $14 million to $17 million, which is adjusted for expected amortization expense of $2.6 million or $0.01 per share. For the balance of the year, the company expects the tax rate to be 28% to 30%, which is consistent with the expectations coming into the year.

Entegris, Inc. announced that they will report Q1, 2013 results at 9:00 AM, Eastern Standard Time on Apr 23, 2013

Entegris, Inc., Q1 2013 Earnings Call, Apr 23, 2013

Entegris, Inc., Annual General Meeting, May 08, 2013., at 10:00 Eastern Daylight. Location: 129 Concord Road. Agenda: To elect eight directors to serve until the 2014 annual meeting of stockholders; to ratify the appointment of KPMG LLP as the company's independent registered public accounting firm for 2013; to approve, on an advisory basis, the company’s executive compensation; and to transact such other business as may properly come before the meeting and at any adjournment or postponement thereof.