Harris Fein's questions to Entegris Inc (ENTG) leadership • Q4 2024
Question
Harris Fein, on behalf of Christopher Parkinson, asked for more color on the $30-$40 million revenue impact from new China restrictions and inquired about the expected gross margin drag from the new Taiwan and Colorado facility ramps.
Answer
CEO Bertrand Loy clarified the China impact stems from new entity list restrictions on U.S. exports and affects both divisions, noting the headwind is already included in the 4-5% outperformance target. CFO Linda LaGorga stated that ramp-related inefficiencies are factored into the 2025 guidance, which still calls for margin expansion, with headwinds expected to subside by H2 2026.