Press release
MKS Instruments Reports First Quarter 2025 Financial Results
Quarterly revenue of $936 million, at the high end of guidance Quarterly GAAP net income of $52 million and net income per diluted share of $0.77, each above
About this update from Mks Inc.
[{"type":"text","content":"Quarterly revenue of $936 million, at the high end of guidance Quarterly GAAP net income of $52 million and net income per diluted share of $0.77, each above the midpoint of guidanceQuarterly Adjusted EBITDA of $236 million, at the high end of guidance, and Non-GAAP net earnings per diluted share of $1.71, above the high end of guidance ANDOVER, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today reported first quarter 2025 financial results. “We maintained our recent momentum in the first quarter with solid revenue performance that was at the high end of our guidance, led by strong year-over-year growth in both our Semiconductor and Electronics & Packaging end markets,” said John T.C. Lee, President and Chief Executive Officer. “Our team is executing well and capturing opportunities across memory and foundry as well as advanced packaging necessary to support AI applications.” Mr. Lee added, “We exited the quarter seeing pockets of demand improvement in our Semiconductor and Electronics and Packaging markets. We are taking active steps to mitigate the impacts from new trade policies. This situation remains dynamic, but we are confident in our ability to manage through, supported by our resilient global manufacturing and supply chain, strong customer relationships and broad, deep product portfolio.” “MKS has a strong track record of financial discipline and execution which was once again reflected in our first quarter results,” said Ram Mayampurath, Executive Vice President, Chief Financial Officer and Treasurer. Mr. Mayampurath added, “Our GAAP and Non-GAAP gross margins were at the high end of our guidance range and our GAAP and Non-GAAP operating income exceeded our guidance midpoints. Our second quarter guidance reflects an overall stable demand environment and strong business fundamentals while also factoring in our current view of potential impacts from evolving trade policies. We remain focused on managing profitability and cash generation to delever and strengthen our balance sheet.” Selected GAAP and Non-GAAP Financial Measures(In millions, except per share data) Q1 2025 Q4 2024 Q1 2024Net Revenues Semiconductor$413 $400 $351 Electronics & Packaging 253 254 208 Specialty Industrial 270 281 309 Total net revenues$936 $935 ...