MKS Instruments ( (MKSI) ) has released its Q1 earnings. Here is a breakdown of the information MKS Instruments presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
MKS Instruments, Inc., a global leader in enabling technologies for semiconductor manufacturing, electronics, packaging, and specialty industrial applications, has reported its financial results for the first quarter of 2025. The company is known for its foundational technology solutions that enhance process performance and productivity across various advanced device manufacturing sectors.
In the first quarter of 2025, MKS Instruments achieved a quarterly revenue of $936 million, which was at the high end of its guidance. The company reported a GAAP net income of $52 million and a net income per diluted share of $0.77, both exceeding the midpoint of guidance. Additionally, the adjusted EBITDA reached $236 million, also at the high end of guidance, with non-GAAP net earnings per diluted share of $1.71 surpassing expectations.
Key financial highlights include strong year-over-year growth in the Semiconductor and Electronics & Packaging markets, contributing to the solid revenue performance. The company’s GAAP and non-GAAP gross margins were at the high end of guidance, and operating income exceeded guidance midpoints. MKS Instruments also made strategic financial moves, including a $100 million voluntary principal prepayment on its USD term loan B and repurchasing approximately 546,000 shares of common stock.
Looking ahead, MKS Instruments’ management remains confident in navigating the dynamic market conditions, including potential impacts from new trade policies. The company is focused on maintaining profitability and cash generation to strengthen its balance sheet, supported by its resilient global manufacturing and supply chain, strong customer relationships, and a broad product portfolio.
MKS Instruments’ forward-looking guidance for the second quarter of 2025 reflects a stable demand environment and robust business fundamentals, with expected revenue of $925 million, plus or minus $40 million, and an adjusted EBITDA of $216 million, plus or minus $23 million.