MKS Inc. Stock Price, News & Analysis

MKS Instruments, Inc. (NASDAQ: MKSI) has been honored with two technology innovation awards in China for its IceFyre 50-Watt UV picosecond laser. The awards, the Ringier Technology Innovation Award and the OFweek Ultrafast Laser Technology Innovation Award, recognize the laser's exceptional micromachining capabilities. Senior VP Dave Allen emphasized the awards signify the laser's potential in enhancing production quality and throughput. The IceFyre laser's advanced features, including TimeShift™ technology, allow for unprecedented precision in processing complex materials.

MKS Instruments (NASDAQ: MKSI) announced that Meiko Electronics Co., Japan, has purchased multiple ESI® Geode™ systems to enhance its HDI PCB manufacturing in Vietnam. The CO2-laser-based systems aim to boost high-volume production capabilities. MKS President John T.C. Lee expressed satisfaction with the Geode's market adoption, noting its advantage in the growing HDI PCB processing sector driven by miniaturization demands. Geode's benefits include higher throughput, accuracy, and a smaller footprint, which facilitate capacity expansion for advanced applications like 5G.

MKS Instruments, a leading provider of advanced manufacturing technologies, has announced that CFO Seth H. Bagshaw will participate in a virtual fireside chat at Citi's 2020 Global Technology Conference on September 10, 2020, at 10:45 a.m. EDT. The event will be accessible via a live webcast on the company's Investor Relations website, with a replay available afterward. MKS specializes in process control solutions across various sectors, including semiconductor and life sciences, enhancing productivity through innovative technologies.

MKS Instruments (NASDAQ: MKSI) announced that Seth H. Bagshaw, Senior Vice President and CFO, will speak at a virtual fireside chat during KeyBanc Capital Markets’ Future of Technology Series on August 12, 2020, at 12:00 p.m. EDT. Investors can access a live webcast in the Investor Relations section of the company's website, with a replay available afterward. MKS Instruments specializes in advanced manufacturing technologies, offering solutions in pressure measurement, flow control, and vacuum technology, among other areas. Their products serve markets such as semiconductor and life sciences.

MKS Instruments reported Q2 2020 revenue of $544 million, a 15% increase year-over-year. Notably, the Semiconductor Market revenue reached $321 million, up 50% year-over-year, driven by record revenue in Power Solutions. Non-GAAP net earnings per diluted share were $1.62, up 49%, while GAAP net income was $1.33. The company achieved record operating cash flow of $139 million and free cash flow of $118 million. For Q3 2020, MKS expects revenue of $535 million to $585 million and GAAP net income of $1.30 to $1.68 per share.

MKS Instruments announced a quarterly cash dividend of $0.20 per share, payable on September 4, 2020, to shareholders of record as of August 24, 2020. This decision reflects the company's commitment to returning value to its shareholders. Future dividend declarations will depend on the Board of Directors' determination. MKS Instruments provides advanced process technologies primarily serving markets like semiconductor and life sciences.

MKS Instruments, Inc. (NASDAQ: MKSI) will announce its second quarter 2020 financial results on July 29, 2020, after market close. A conference call with management is scheduled for July 30, 2020, at 8:30 a.m. ET, where investors can dial in to participate. The company emphasizes early connectivity, advising participants to call at least 15 minutes prior to the event. The call will be accessible via a live and archived webcast on the company’s website.

MKS Instruments specializes in technologies that enhance productivity in advanced manufacturing.

MKS Instruments (NASDAQ: MKSI) announced its participation in upcoming virtual investor conferences. Scheduled appearances include the Cowen 48th Annual Virtual Technology, Media & Telecom Conference on May 26, 2020, featuring CFO Seth Bagshaw; the Bernstein 36th Annual Virtual Strategic Decisions Conference on May 27, 2020, with CEO John T.C. Lee; and the Stifel 2020 Virtual Cross Sector Insight Conference on June 8, 2020. Live webcasts will be accessible via the Investor Relations section of the company's website, with replays available for a limited time.