Revenue Exceeds Guidance
Revenue for Q2 2025 was $792 million, above guidance, and up 2% sequentially.
Growth in Materials Solutions
Materials Solutions sales increased 4% year-on-year, driven by CMP slurries and pads, selective etch, and deposition materials.
Expansion in Asia
Significant progress in localizing production for Asia customers with 85% of China demand expected to be served from Asian manufacturing sites by year-end.
New Facility Developments
The new Colorado manufacturing site and Kaohsiung Taiwan facility are on track, with significant advancements in production capabilities.
Cost Savings Initiatives
Implemented cost reduction strategies expected to deliver $15 million in annual savings.