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Jun 30, 2024
MKS Q2 2024 Earnings Report
MKS Instruments reported strong financial results driven by execution in Semiconductor and Electronics & Packaging markets.
Key Takeaways
MKS Instruments reported Q2 2024 revenue of $887 million, at the high end of guidance. GAAP net income was $23 million, with a net income per share of $0.33. Adjusted EBITDA was $228 million, and Non-GAAP net earnings per diluted share reached $1.53, exceeding the high-end of guidance.
Revenue reached $887 million, at the high end of guidance.
GAAP net income was $23 million, or $0.33 per share.
Adjusted EBITDA was $228 million, exceeding guidance.
Proactive measures improved debt profile with convertible notes offering and term loan prepayment.
MKS
MKS
MKS Revenue by Segment
Revenue by Segment
Semiconductor Revenue
CapyFin.comElectronics & Packaging Revenue
CapyFin.comSpecialty Industrial Revenue
CapyFin.com Forward Guidance
For the third quarter of 2024, the Company expects revenue of $870 million, plus or minus $40 million, Adjusted EBITDA of $206 million, plus or minus $23 million, and Non-GAAP net earnings per diluted share of $1.43, plus or minus $0.28.
Revenue & Expenses
Visualization of income flow from segment revenue to net income