Form 8-K · Current Report · Filed 2024-11-06
MKS Instruments Reports Strong Third Quarter 2024 Financial Results
MKS Instruments, Inc. reported its financial results for the third quarter of 2024, showing a quarterly revenue of $896 million, GAAP net income of $62 million, and Non-GAAP net earnings per diluted share of $1.72, which exceeded the high end of guidance. The company also provided guidance for the fourth quarter, expecting revenue of $910 million, plus or minus $40 million. Financial statements and relevant exhibits were furnished with the filing.
- Filer
- MKS Instruments Inc. MKSI · NASDAQ
- Filed
- Accession
- 0000950170-24-122391
- CIK
- 0001049502
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$100.94
Next session
+14.6%
Since filing
+194.7%
Latest close
$297.45
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from MKSI reporting the same item, with the next session's move:
Exhibits (1)
About MKS Instruments Inc.
MKS Instruments Inc. designs and manufactures instruments, subsystems, and process control solutions for advanced manufacturing processes. The company's primary function is to provide essential technologies for manufacturers of semiconductors, industrial technologies, life and health sciences, and other advanced products. MKS Instruments focuses on critical areas like vacuum and gas technologies, photonics, and laser solutions, enabling precise measurement, control, and analysis crucial for product quality and efficiency. MKS Instruments plays a vital role in the semiconductor industry by offering products that ensure the precision and accuracy required for advanced fabrication processes. The company's innovative technologies are also significant in areas such as aerospace, defense, and research sectors, where precision and reliability are paramount. With a legacy dating back to 1961, MKS Instruments has cemented its position in the financial markets as a trusted provider of advanced technology solutions. Its contributions are pivotal in supporting the development of next-generation technologies, making it a key player in driving technological advancement and efficiency across multiple industries.
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