Stock Alert : Entegris, Inc. (NASDAQ:ENTG) Tops Estimates, Shares Soar

Entegris, Inc. (NASDAQ:ENTG) jumped 5.11% to $4.32 after it posted a quarterly profit that beat Wall Street expectations, helped by continued recovery in the semiconductor market and strong demand across its product lines, sending its shares up as much as 14 percent before the bell.

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The company reported fourth-quarter net income of $10.1 million, or 8 cents per share, compared with a net loss of $131.8 million, or $1.18 per share, a year earlier.

Excluding items, the company posted earnings of 14 cents a share, above analysts' expectations of earnings of 6 cents a share, according to Thomson Reuters I/B/E/S.

Revenue rose 30 percent to $146.3 million. Analysts were expecting revenue of $122.3 million.

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