Welcome to our dedicated page for MKS news (Ticker: MKSI), a resource for investors and traders seeking the latest updates and insights on MKS stock.
MKS Inc. (NASDAQ: MKSI) is described as a global provider of enabling technologies for leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. The MKS Inc. (MKSI) news page on Stock Titan aggregates company announcements, financial updates and other disclosures so readers can follow how the business communicates its progress and priorities over time.
In its news releases, MKS regularly reiterates that it delivers foundational technology solutions, including instruments, subsystems, systems, process control solutions and specialty chemicals technology. These communications often highlight how its technologies address miniaturization and complexity in advanced device manufacturing, supporting increased power, speed, feature enhancement and optimized connectivity.
Investors and industry followers can use the MKSI news feed to review earnings announcements, conference participation notices, dividend declarations, ESG report releases and product or technology showcases. For example, the company issues press releases about quarterly financial results, participation in investor and technology conferences, and presentations of photonics and laser solutions for applications in semiconductor manufacturing, electronics and packaging, specialty industrial uses, and areas such as artificial intelligence hardware, quantum research, biophotonics, and security and surveillance.
By reading the MKS Inc. news stream in one place, users can see how the company describes its markets, how it frames its enabling technologies, and how it reports on topics such as financial performance and ESG initiatives. This page can be revisited to follow new MKSI announcements and to review prior communications that provide context on the company’s strategy and areas of focus.
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MKS Instruments, Inc. (NASDAQ: MKSI) has announced the release of its first quarter 2023 financial results, scheduled for after market close on May 3, 2023. Following this, a conference call with management will take place on May 4, 2023, at 8:30 a.m. Eastern Time. Investors can access a live and archived webcast of the call on the company’s website. MKS Instruments specializes in enabling technologies for semiconductor manufacturing, electronics, and specialty industrial applications, focusing on innovations that address challenges in advanced device manufacturing and performance requirements across various sectors.
MKS Instruments reported a record quarterly revenue of $1.09 billion, up 42% year-over-year, surpassing guidance. The company achieved a quarterly GAAP net income of $54 million, translating to a GAAP EPS of $0.81, along with a Non-GAAP EPS of $2.00. Annual revenue stood at $3.55 billion, a 20% increase year-over-year. Despite this performance, the company announced a material impact on Q1 results due to a ransomware incident affecting operations. The estimated revenue loss for Q1 is at least $200 million, with a full assessment of costs still pending.