Inactive Instrument

CMC Materials, Inc.

CCMP

US12571T1007

Cabot: Fiscal Q2 Earnings Snapshot

May 04, 2022 at 07:09 pm EDT

AURORA, Ill. (AP) _ Cabot Microelectronics Corp. (CCMP) on Wednesday reported fiscal second-quarter net income of $34.6 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Aurora, Illinois-based company said it had net income of $1.19. Earnings, adjusted for non-recurring costs, came to $1.94 per share.

The chip equipment maker posted revenue of $324.1 million in the period.

Cabot shares have declined slightly more than 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $183.25, an increase of almost 5% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCMP at https://www.zacks.com/ap/CCMP

Latest news about CMC Materials, Inc.

FUJIFILM Holdings America Corporation completed the acquisition of KMG Chemicals, Inc. from CMC Materials, Inc.	23-10-01	CI
FUJIFILM Holdings America Corporation entered into a definitive agreement to acquire KMG Chemicals, Inc. from CMC Materials, Inc. for $700 million.	23-05-09	CI
Quad-C Management, Inc. completed the acquisition of QED Technologies International, Inc. from CMC Materials, Inc.	23-02-28	CI
Quad-C Management, Inc. entered into a definitive agreement to acquire QED Technologies International, Inc. from CMC Materials, Inc.	23-01-19	CI
CMC Materials, Inc.(NasdaqGS:CCMP) dropped from S&P Composite 1500	22-07-07	CI
CMC Materials, Inc.(NasdaqGS:CCMP) dropped from S&P TMI Index	22-07-07	CI
CMC Materials, Inc.(NasdaqGS:CCMP) dropped from S&P 1000	22-07-07	CI
CMC Materials, Inc.(NasdaqGS:CCMP) dropped from S&P Global BMI Index	22-07-07	CI
CMC Materials, Inc.(NasdaqGS:CCMP) dropped from S&P 400	22-07-07	CI
CMC Materials, Inc.(NasdaqGS:CCMP) dropped from S&P 400 Information Technology	22-07-07	CI
CMC Materials, Inc. Announces Board Changes	22-07-06	CI
Entegris Completes CMC Materials Acquisition	22-07-06	MT
CMC Materials, Inc.(NasdaqGS:CCMP) dropped from NASDAQ Composite Index	22-07-06	CI
Entegris, Inc. completed the acquisition of CMC Materials, Inc. from The Vanguard Group, Inc., EARNEST Partners, LLC, Neuberger Berman Group LLC, BlackRock, Inc. and others.	22-07-05	CI
Entegris-CMC Materials Merger Gets China Antitrust Clearance	22-06-24	MT
Entegris Prices Private Offering of $895 Million Senior Notes	22-06-17	MT
Entegris Unit Plans Senior Notes Offering due 2030	22-06-16	MT
Insider Sell: CMC Materials	22-05-10	MT
Tranche Update on CMC Materials, Inc.'s Equity Buyback Plan announced on November 30, 2010.	22-05-05	CI
CMC Materials Posts Higher Fiscal Q2 Adjusted Earnings, Revenue; Issues Fiscal Q3 Revenue Outlook	22-05-05	MT
Earnings Flash (CCMP) CMC MATERIALS Posts Q2 Revenue $324.1M, vs. Street Est of $314.9M	22-05-05	MT
CMC Materials, Inc. Provides Earnings Guidance for the Fiscal Year of 2022	22-05-04	CI
CMC Materials, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2022	22-05-04	CI
Entegris COO Todd Edlund to Retire	22-04-08	MT
CL King Downgrades CMC Materials to Neutral From Buy	22-04-07	MT

Cabot Microelectronics Corp is a global supplier of consumable materials to semiconductor manufacturers and pipeline operators. The Company also provides performance products and services to the pipeline operations industry. It operates through two reportable segments: Electronic Materials and Performance Materials. Electronic Materials segment includes products and solutions for the semiconductor industry. It manufactures and sells chemical mechanical planarization (CMP) consumables, including CMP slurries and polishing pad products, and high-purity process chemicals used to etch and clean silicon wafers in the production of semiconductors, photovoltaics (solar cells) and flat panel displays. Performance Materials segment includes pipeline performance products and services for oilfield energy industries, wood treatment products, and products and equipment used in the precision optics industry.

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