MKS Inc. Stock Price, News & Analysis

MKS Instruments (NASDAQ: MKSI) has successfully completed the repricing of its secured tranche B term loans, consisting of $2.5 billion USD and €0.6 billion EUR maturing in 2029. The repricing reduces interest rates from SOFR plus 225 basis points to SOFR plus 200 basis points for USD loans and from EURIBOR plus 275 basis points to EURIBOR plus 250 basis points for EUR loans.

Additionally, MKS made a $100 million voluntary prepayment on its USD tranche B term loans, reducing the principal amount from $2.6 billion to $2.5 billion. Based on current interest rates, these combined actions are expected to result in approximately $15 million in annualized cash interest savings.

MKS Instruments (NASDAQ: MKSI) announces its participation at SPIE's Photonics West 2025, showcasing innovations from its signature brands Newport™, Ophir®, and Spectra-Physics®. The company will present key products at Booth 927 from January 28-30, 2025, in San Francisco.

The showcase includes advanced laser systems like the Spectra-Physics Talon® Ace™ UV100 delivering >100W UV power, new optical solutions including Newport ODiate® Fluorescence Filter Sets, and precision instruments such as the Ophir Helios Pro Industrial Laser Power Sensors measuring up to 12kW. The company also presents motion control solutions including the Newport HybrYX™ single plane air bearing XY hybrid stages.

These innovations are part of MKS's 'Surround the Workpiece' strategy, providing integrated solutions for laser-based manufacturing processes, from product design to maintenance services.

MKS Instruments (NASDAQ: MKSI) has announced its upcoming fourth quarter and full year 2024 financial results release schedule. The company will disclose its financial results after market close on Wednesday, February 12, 2025. A conference call with management is scheduled for Thursday, February 13, 2025 at 8:30 a.m. Eastern Time.

Interested parties can access the live and archived webcast through the company's investor relations website or by registering as a participant. Registration is recommended at least 15 minutes before the call begins.

MKS Instruments (NASDAQ: MKSI) has been awarded the 2024 Supplier Excellence Award for Innovation by Onto Innovation Inc. The award was presented at Onto Innovation's inaugural strategic suppliers conference on December 4, 2024, in Santa Clara, California.

The recognition highlights MKS's achievement in developing a customized Newport™ precision motion solution through collaborative engagement with Onto Innovation. John T.C. Lee, President and CEO of MKS, emphasized the company's pride in delivering unmatched innovation that contributed to Onto Innovation's success.

Onto Innovation, a leader in process control, operates with global scale and offers advanced technologies including 3D metrology for un-patterned wafer quality, macro defect inspection for wafers and packages, metal interconnect composition analysis, factory analytics, and lithography solutions for advanced semiconductor packaging.

MKS Instruments (NASDAQ: MKSI) has announced its participation in Needham's 27th Annual Growth Conference. The company's President and CEO, John T.C. Lee, will engage in a fireside chat on January 14, 2025, at 1:30 p.m. EST. Investors and interested parties can access a live webcast of the session through the Investor Relations section of MKS Instruments' website. A replay of the event will be available for a time after the presentation.

MKS Instruments (NASDAQ: MKSI) has been named one of America's Most Responsible Companies for 2025 by Newsweek and Statista, marking its second consecutive year receiving this recognition. The ranking evaluates corporate responsibility through a comprehensive assessment of over 30 key performance indicators among the top 2,000 publicly traded U.S. companies by revenue, along with a public survey of 26,000 U.S. residents on corporate social responsibility reputation.

President and CEO John T.C. Lee emphasized the company's commitment to providing innovative technology while protecting the planet and local communities. MKS Instruments, a global provider of enabling technologies, was selected based on its demonstrated commitment to corporate responsibility and sustainable practices.

MKS Instruments (NASDAQ: MKSI) has announced its participation in two upcoming investor conferences. The company will present at the Wells Fargo TMT Conference on December 3, 2024, at 8:00 am PST, and the Nasdaq Investor Conference on December 10, 2024, at 11:00 am GMT. John T.C. Lee, President and Chief Executive Officer, will represent the company at both events. Live webcasts will be available on the company's investor relations website, with replays accessible for a time.

MKS Instruments reported strong Q3 2024 financial results with quarterly revenue of $896 million, reaching the high end of guidance. The company achieved GAAP net income of $62 million ($0.92 per share) and Adjusted EBITDA of $232 million. Non-GAAP earnings per diluted share reached $1.72, exceeding guidance expectations. For Q4 2024, MKS projects revenue of $910 million (±$40M), Adjusted EBITDA of $226 million (±$23M), and Non-GAAP earnings per diluted share of $1.95 (±$0.32). The company made a voluntary debt prepayment of $216 million in October.

MKS Instruments (NASDAQ: MKSI) has announced a quarterly cash dividend of $0.22 per share. The dividend will be paid on December 6, 2024, to shareholders of record as of November 25, 2024. The company's Board of Directors maintains discretion over future dividend declarations, including record and payment dates.