MKS Inc. Stock Price, News & Analysis

MKS Instruments reported record revenue of $765 million for Q2 2022, a 3% sequential increase and exceeding guidance. Revenue from the Semiconductor Market hit $515 million, a 6% sequential and 19% year-over-year rise. Non-GAAP net earnings per diluted share reached $2.59, surpassing expectations, while GAAP earnings stood at $2.32.

The company anticipates Q3 revenue between $770 million +/- $30 million and Non-GAAP earnings of $2.66 +/- $0.25, reflecting strong performance despite ongoing supply chain challenges.

MKS Instruments (NASDAQ: MKSI) announced a quarterly cash dividend of $0.22 per share, set to be paid on September 9, 2022, to shareholders recorded by August 8, 2022. The company's Board of Directors retains the authority to determine future dividends and their related dates. MKS provides advanced process control technologies primarily serving the semiconductor and electronics markets, enhancing productivity through its diverse product offerings.

MKS Instruments (NASDAQ: MKSI) will release its Q2 2022 financial results on July 27, 2022, after market close. A conference call with management is scheduled for July 28, 2022, at 8:30 AM ET. Participants are encouraged to register online for dial-in details. MKS Instruments specializes in technologies that enhance advanced manufacturing processes, serving markets such as semiconductor and advanced electronics. The company offers a range of solutions including process control and measurement instruments.

MKS Instruments announced that President and CEO John T.C. Lee will participate in a fireside chat at Stifel’s Cross Sector Insight Conference on June 8, 2022, at 11:30 a.m. EDT. Investors can access a live webcast of the session on the company's website, and a replay will be available afterward. MKS Instruments specializes in technologies that enhance manufacturing processes in sectors like semiconductor and advanced electronics, providing critical instruments for process performance and productivity.

MKS Instruments, Inc. (NASDAQ: MKSI) announced a quarterly cash dividend of $0.22 per share, scheduled for payment on June 10, 2022. Shareholders of record as of May 30, 2022 will receive this dividend. The company emphasized that future dividend declarations will depend on the Board of Directors' assessment regarding cash availability for distribution. MKS Instruments is an established provider of technologies supporting advanced manufacturing processes across various sectors, including semiconductors and electronics.

Cognex Corporation (NASDAQ: CGNX) has appointed Dr. John T.C. Lee, CEO of MKS Instruments (NASDAQ: MKSI), to its Board of Directors, effective immediately. Dr. Lee brings extensive experience in leading technology companies and will serve on the Audit Committee and Compensation/Stock Option Committee. His leadership at MKS Instruments, which has nearly $3 billion in annual sales, is expected to add valuable insights to Cognex's strategic direction. Cognex is a leader in the machine vision industry, with over $9 billion in cumulative revenue since its inception in 1981.

MKS Instruments reported a revenue of $742 million for Q1 2022, reflecting a 7% year-over-year increase. GAAP net income rose to $143 million, up 17% year-over-year, while non-GAAP net earnings were $151 million, a 6% increase. The company achieved market leadership in RF Power Supplies and successfully re-syndicated acquisition financing for Atotech Limited. Despite ongoing supply chain challenges, demand remains strong. Revenue guidance for Q2 2022 is set at $730 million, plus or minus $30 million, with expected non-GAAP EPS of approximately $2.28.