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MKS Instruments, Inc. (NASDAQ: MKSI) provides critical process control solutions for semiconductor manufacturing and advanced electronics production. This news hub delivers timely updates on corporate developments, financial performance, and technological innovations impacting global manufacturing sectors.
Investors and industry professionals will find comprehensive coverage of earnings announcements, strategic partnerships, product launches, and operational milestones. Our curated news collection ensures efficient tracking of MKSI's market position and sector influence.
Key content includes press releases detailing R&D advancements, acquisition activities, leadership changes, and financial disclosures. The repository serves as an essential resource for understanding MKSI's role in enabling precision manufacturing through instrumentation and vacuum technology solutions.
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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.
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