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MKS Instruments(MKSI) - 2024 Q2 - Earnings Call Presentation
2024-08-08 12:33
| --- | --- | --- | --- | |----------------------------------------|-------|-------|---------------------------------------| | | | | | | | | | | | Second Quarter 2024 Financial Results | | | MKS Instruments, Inc. August 8, 2024 | | | | | | Safe Harbor for Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 ...
MKS Instruments(MKSI) - 2024 Q2 - Quarterly Results
2024-08-07 20:31
EXHIBIT 99.1 MKS Instruments Reports Second Quarter 2024 Financial Results • Quarterly revenue of $887 million, at the high end of guidance • Quarterly GAAP net income of $23 million and net income per share of $0.33 • Quarterly Adjusted EBITDA of $228 million and Non-GAAP net earnings per diluted share of $1.53, exceeding the high-end of guidance Andover, MA, August 7, 2024 -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today reported second qu ...
MKS Instruments Reports Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-08-07 20:30
Quarterly revenue of $887 million, at the high end of guidance Quarterly GAAP net income of $23 million and net income per share of $0.33 Quarterly Adjusted EBITDA of $228 million and Non-GAAP net earnings per diluted share of $1.53, exceeding the high-end of guidance ANDOVER, Mass., Aug. 07, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today reported second quarter 2024 financial results. "Our continued execution, especi ...
Zacks Industry Outlook MKS Instruments and Veeco Instruments
ZACKS· 2024-08-07 09:30
For Immediate Release Chicago, IL – August 7, 2024 – Today, Zacks Equity Research discusses MKS Instruments (MKSI) and Veeco Instruments (VECO) . Industry: Electronics - Manufacturing Machinery Link to article: https://www.zacks.com/commentary/2317317/2-electronics-stocks-to-buy-from-a-prosperingindustry 2 Electronics Stocks to Buy From a Prospering Industry The Zacks Electronics - Manufacturing Machinery industry is suffering from challenging macroeconomic conditions globally. Softness in the 3D NAND end-m ...
2 Electronics Stocks to Buy From a Prospering Industry
ZACKS· 2024-08-06 19:31
The Zacks Electronics - Manufacturing Machinery industry is suffering from challenging macroeconomic conditions globally. Softness in the 3D NAND end-market has been a headwind. However, industry participants are benefiting from increased capital spending on high-performance computing, AI, mobility, augmented reality and virtual reality, advanced packaging, lithography and wet processing solutions by semiconductor manufacturers. The ongoing transformation in cloud computing is noteworthy. MKS Instruments (M ...
Why MKS Instruments (MKSI) is a Top Value Stock for the Long-Term
ZACKS· 2024-08-06 14:41
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What ar ...
MKS Instruments (MKSI) Surges 5.6%: Is This an Indication of Further Gains?
ZACKS· 2024-08-01 18:42
MKS Instruments (MKSI) shares ended the last trading session 5.6% higher at $125.90. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.1% loss over the past four weeks. MKS Instruments is benefiting from strong portfolio and prudent cost control. It is gaining from the growing adoption of its solutions which are used in the majority of the steps needed to manufacture a semiconductor chip. This maker of analysis an ...
Here is Why Growth Investors Should Buy MKS Instruments (MKSI) Now
ZACKS· 2024-08-01 17:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy with the hel ...
MKS Instruments Releases 2024 Environmental, Social, Governance Report
Newsfilter· 2024-07-29 13:00
ANDOVER, Mass., July 29, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) (MKS), a global provider of enabling technologies that transform our world, today released its 2024 Environmental, Social, Governance (ESG) Report, which highlights MKS' continued commitment to ESG issues. The report details the progress MKS has made toward the achievement of its key ESG objectives. Highlights include: The Report is available to view here and includes relevant disclosures related to The Sustainability Acc ...
MKS Instruments Releases 2024 Environmental, Social, Governance Report
GlobeNewswire News Room· 2024-07-29 13:00
ESG Commitments and Progress - The company has committed to reducing its combined Scope 1 and 2 emissions by 42% by 2030 from its 2022 baseline, aligning with the Science Based Targets Initiative (SBTi) criteria [5] - The company is developing its consolidated Scope 3 emissions inventory with the goal of setting SBTi-aligned Scope 3 emissions targets, which will be submitted to SBTi for validation [5] - The company has expanded its sustainable product portfolio with innovative solutions and established a dedicated team to quantify the carbon footprints of its products and processes [5] Employee Engagement and Recognition - The company conducted its third annual global employee engagement survey, which included participation from Atotech employees post-acquisition [5] - The company launched its inaugural Employee Resource Group, Women@MKS, highlighting its focus on employee experience [5] - The company received external recognition for its sustainability efforts and responsible business practices from MSCI, Sustainalytics, and Newsweek and Statista [5] Business Overview and Technology Solutions - The company provides foundational technology solutions to leading-edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications [6] - The company's solutions improve process performance, optimize productivity, and enable unique innovations for many of the world's leading technology and industrial companies [6] - The company's solutions address challenges in advanced device manufacturing, such as miniaturization and complexity, by enabling increased power, speed, feature enhancement, and optimized connectivity [6] Reporting and Disclosures - The company's ESG Report includes relevant disclosures related to the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD) standards [7]