8-K/AEarnings & ResultsExhibits & Filings

ENTEGRIS INC 8-K/A Report, Financial Results (Oct 12, 2005)

Filed October 12, 2005For Securities:ENTG

Summary

This 8-K/A filing from Entegris, Inc. (ENTG) provides an amendment related to their financial results and future outlook. Specifically, it details the company's earnings announcement for the fourth quarter and fiscal year 2005, which occurred on October 12, 2005. The filing also includes crucial forward-looking guidance regarding expected EBITDA for the first fiscal quarter of 2006 (the November quarter), projecting a range of negative $6 million to negative $8 million. Excluding certain one-time expenses, the adjusted EBITDA is expected to be between $24 million and $29 million. This information is critical for investors to understand the company's near-term financial performance and profitability expectations. While the company provided specific EBITDA projections, it noted that a quantitative reconciliation to GAAP operating income is not readily available without unreasonable effort. This is due to the inherent difficulty in forecasting forward-looking elements such as business operating performance and the timing of integration expenses. Investors should carefully consider this lack of direct GAAP reconciliation when evaluating the provided EBITDA guidance. The filing emphasizes that this information is furnished and not deemed 'filed' for the purposes of Section 18 of the Exchange Act.

Key Highlights

  • 1Entegris, Inc. announced its fourth quarter and fiscal year 2005 earnings on October 12, 2005.
  • 2The company provided forward-looking guidance for its first fiscal quarter of 2006 (November quarter).
  • 3Expected EBITDA for Q1 2006 is projected to be in the range of negative $6 million to negative $8 million.
  • 4Adjusted EBITDA, excluding integration expenses, merger-related charges, restructuring charges, and stock-based compensation, is forecasted to be between $24 million and $29 million.
  • 5A quantitative reconciliation to GAAP operating income for the forward-looking EBITDA guidance is not provided due to the complexity of forecasting related elements.
  • 6The press release announcing these results is attached as Exhibit 99.1.
  • 7John Villas, Senior Vice President & Chief Financial Officer, signed the report.

Frequently Asked Questions

This filing serves as an amendment to a previous 8-K report. Its primary purpose is to officially report the results of operations and financial condition for Entegris, Inc. for the fourth quarter and fiscal year 2005, and to provide forward-looking guidance for the upcoming first fiscal quarter of 2006, as announced in a press release and discussed on a conference call.

Entegris expects to report a negative EBITDA in the range of $6 million to $8 million for its first fiscal quarter of 2006 (the November quarter). However, excluding certain expenses such as integration costs, merger-related and restructuring charges, and stock-based compensation, the adjusted EBITDA is anticipated to be between $24 million and $29 million.

The company stated that providing a quantitative reconciliation to the most comparable GAAP financial measure (GAAP operating income) is not currently feasible without unreasonable effort. This is because forward-looking GAAP information is subject to significant estimation uncertainties, including business operating performance and the timing of integration expenses, which would result in an overly broad and potentially misleading range for investors.

No, the information provided in Item 2.02 of this filing, including the press release content and conference call remarks, is furnished and is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended. It also will not be deemed incorporated by reference into any other filing under the Securities Act of 1933 unless specifically stated.