MKS Instruments, Inc. reported its fourth quarter and full-year 2024 financial results on February 12, 2025, with revenue and adjusted EBITDA exceeding the midpoint of its outlook. The company posted fourth-quarter revenue of $935 million, surpassing analyst forecasts of $910.6 million.
Adjusted earnings for the quarter were $1.92 per share, also beating estimates. For the full year 2024, MKS Instruments recorded revenue of US$3.59 billion, a slight decrease of 1.0% from the previous fiscal year.
The company provided guidance for the first quarter of 2025, expecting revenue of $910 million, plus or minus $40 million, and Non-GAAP net earnings per diluted share of $1.40, plus or minus $0.27. This guidance incorporated an immaterial impact from recently announced U.S. import tariffs, with management monitoring the evolving trade environment.
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