MKS Inc. Stock Price, News & Analysis

MKS Instruments (NASDAQ: MKSI) has extended its acquisition agreement with Atotech (NYSE: ATC) until September 30, 2022, to allow for regulatory approvals from China's SAMR. The transaction has received approval from 12 global antitrust authorities. MKS plans to fund the acquisition, valued at approximately $5.1 billion, with available cash and committed debt financing. The acquisition aims to enhance MKS's innovation capabilities by integrating its laser processing technology with Atotech’s chemistry expertise. Recent geopolitical factors have minimal impact on their operations.

MKS Instruments (NASDAQ: MKSI) has announced a quarterly cash dividend of $0.22 per share, set to be paid on March 11, 2022, to stockholders recorded by February 28, 2022. The Board of Directors emphasizes that future dividend declarations will depend on the company's financial conditions and cash availability. MKS Instruments focuses on advanced manufacturing technologies across diverse markets such as semiconductors and life sciences, ensuring productivity improvements for its clients.

MKS Instruments reported a record quarterly revenue of $764 million, marking a 16% year-over-year increase. Non-GAAP net earnings reached $168 million, up 29%, while GAAP net income was $150 million, up 30%. For the full year 2021, revenue hit $2.9 billion, a 27% growth, with annual Non-GAAP net earnings at $634 million (up 54%) and GAAP net income of $551 million (up 57%). The company anticipates continued growth despite supply chain challenges and is optimistic about its acquisition of Atotech Limited.

MKS Instruments (NASDAQ: MKSI) announced its withdrawal from exhibiting at Photonics West 2022 due to rising COVID-19 cases, prioritizing employee and customer health. President and CEO John T.C. Lee expressed gratitude to the SPIE team and mentioned a commitment to return in 2023. MKS Instruments specializes in technologies for semiconductor manufacturing and advanced electronic devices, leveraging over 60 years of expertise to enhance process performance and productivity in various industries.

MKS Instruments, Inc. (NASDAQ: MKSI) will release its fourth quarter and full-year 2021 financial results on January 26, 2022, after market close. A conference call to discuss these results is scheduled for January 27, 2022, at 8:30 a.m. ET. Participants can join by dialing (877) 212-6076 for domestic calls or (707) 287-9331 for international calls, using Conference ID 8392646. A live and archived webcast will be available on the company's website.

MKS Instruments, a global leader in process control solutions, will have its CEO, John T. C. Lee, participating in a virtual fireside chat at Needham's 24th Annual Virtual Growth Conference on January 12, 2022, at 10:00 a.m. EST. Investors can access a live webcast in the Investor Relations section of the MKS website, with a replay available for a limited time afterward. MKS specializes in technologies that enhance productivity across various sectors including semiconductor and industrial technologies.

MKS Instruments (MKSI) announced an update on its acquisition of Atotech, with 12 out of 13 global antitrust approvals received. The final jurisdiction, China, is under review by the SAMR, with expectations to close the deal in Q1 2022. The transaction involves MKS acquiring Atotech for $16.20 per share and 0.0552 shares of MKS stock, totaling approximately $5.1 billion in equity value. The Royal Court of Jersey will soon hold a hearing for the necessary sanctions, previously set for December 2021 but now expected in early 2022.

MKS Instruments (NASDAQ: MKSI) has achieved notable recognition in the 2022 All-America Executive Team rankings by Institutional Investor, ranking #1 among Midcap companies in the "IT Hardware & Electronics Manufacturing Services" sector. Key accolades include Best CEO for John T.C. Lee, Best CFO for Seth H. Bagshaw, and Best Investor Relations Professional for David Ryzhik. This recognition highlights the firm's strong investor relations and management performance, validated by feedback from over 3,400 financial professionals.

MKS Instruments announced that CEO John T.C. Lee will join a virtual fireside chat at the Wells Fargo TMT Conference on December 1, 2021, at 8:40 am E.T. The event will be accessible through a live webcast in the Investor Relations section of the company's website, with a replay available afterward. MKS Instruments specializes in technologies that enhance advanced manufacturing processes across various sectors, including semiconductor and life sciences.