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Stock impact report

MKS Instruments Reports First Quarter 2024 Financial Results

MKS Instruments, Inc. (MKSI) 
Last mks instruments, inc. earnings: 4/28 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.mksinst.com
Company Research Source: GlobeNewswire
Quarterly revenue of $868 million, above the midpoint of guidanceQuarterly GAAP net income of $15 million and net income per share of $0.22Quarterly Adjusted EBITDA of $217 million and Non-GAAP net earnings per diluted share of $1.18, exceeding the high-end of guidance ANDOVER, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today reported first quarter 2024 financial results. “MKS delivered strong results in the first quarter despite a soft end-market demand environment,” said John T.C. Lee, President and Chief Executive Officer. “With markets expected to improve later this year, we are in an outstanding position with critical technologies and deep customer relationships to address the intensifying challenges in the design and manufacturing of advanced electronic devices. From the semiconductor, to the package substrate, and printed circuit board – we are foundational.” Mr. Lee add Show less Read more
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