Entegris Updates Long-Term Revenue CAGR Target To ~15%, Driven By Customers’ Increasing Materials Intensity And Contamination Control Requirements; Sees Adjusted EPS CAGR Of ~30%

At Capital Markets Day, Entegris introduced an updated long-term financial model targeting a compound annual growth rate ("CAGR") for revenue of approximately 15%, adjusted gross margin of approximately 55%, adjusted operating margin of approximately 35%, and adjusted earnings per share CAGR of approximately 30%. The company expects revenue growth, significant margin expansion and greater capital efficiency will accelerate cash flow generation.