Every material Form 8-K MKS Instruments filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
MKS Instruments reported third quarter 2024 results, with revenue of $896 million, down from $932 million a year earlier but up from $887 million in the prior quarter. Profit measures improved year over year, with GAAP net income of $62 million and non-GAAP EPS of $1.72, versus $1.46 a year earlier. The company also gave fourth quarter 2024 guidance of $910 million in revenue, plus or minus $40 million, and non-GAAP EPS of $1.95, plus or minus $0.32.
Q3 2024 revenue was $896 million, versus $932 million in Q3 2023 and $887 million in Q2 2024.
GAAP net income was $62 million, or $0.92 per diluted share, versus $39 million, or $0.58, a year earlier.
Non-GAAP EPS was $1.72 and Adjusted EBITDA was $232 million, compared with $241 million in Q3 2023.
Q4 2024 outlook: revenue of $910 million (plus or minus $40 million) and non-GAAP EPS of $1.95 (plus or minus $0.32).
MKS Instruments appointed Wissam Jabre, executive vice president and chief financial officer of Western Digital, as a Class III director effective November 4, 2024, increasing the board from eight to nine directors. He will serve on the Audit Committee, and the filing describes his board and committee pay under the company's standard non-employee director arrangements.
Jabre appointed effective November 4, 2024, to serve until the 2026 Annual Meeting of Shareholders
Board size increased by one to nine directors; Jabre will serve on the Audit Committee
Automatic RSU grant with a grant date value of $200,000 received November 4, 2024
Annual retainers of $85,000 for non-employee directors and $12,500 for Audit Committee members, prorated for 2024
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every MKS Instruments filing is on SEC EDGAR ↗. 8-K briefs of other companies →