EXHIBIT 99.1

 

MKS Instruments Reports Fourth Quarter and

Full Year 2018 Financial Results

 

 

2018 was another record year in revenue and GAAP and Non-GAAP EPS

 

 

Total revenue increased 8% in 2018, compared to 2017, to a record $2.1 billion

 

 

Revenue from advanced markets increased 14% to $931 million in 2018, compared to 2017

 

 

Semiconductor revenue increased 4% to $1.14 billion in 2018, compared to 2017

 

Andover, MA, January 29, 2019 -- MKS Instruments, Inc. (Nasdaq: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today reported fourth quarter and full year 2018 financial results.

GAAP Financial Results

 

 

 

Q4

 

 

Full Year

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Net revenues ($ millions)

 

$

461

 

 

$

512

 

 

$

2,075

 

 

$

1,916

 

Operating margin

 

 

20.4

%

 

 

23.4

%

 

 

23.8

%

 

 

21.2

%

Net income ($ millions)

 

$

72

 

 

$

78

 

 

$

393

 

 

$

339

 

Diluted EPS

 

$

1.32

 

 

$

1.41

 

 

$

7.14

 

 

$

6.16

 

 

Non-GAAP Financial Results

 

 

 

Q4

 

 

Full Year

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Net revenues ($ millions)

 

$

461

 

 

$

512

 

 

$

2,075

 

 

$

1,916

 

Operating margin

 

 

23.7

%

 

 

25.9

%

 

 

26.3

%

 

 

24.6

%

Net earnings ($ millions)

 

$

84

 

 

$

95

 

 

$

430

 

 

$

328

 

Diluted EPS

 

$

1.54

 

 

$

1.71

 

 

$

7.83

 

 

$

5.96

 

 

“We are pleased to report another year of record results despite semiconductor market headwinds in the second half of the year,” said Gerald Colella, Chief Executive Officer.  Mr. Colella added, “Our ability to consistently deliver sustainable and profitable growth through market cycles reflects the benefits of our diversification strategy as well as our cost discipline, flexible manufacturing capabilities, and continued market share gains.”

“During 2018, we recorded 8% revenue growth, a 170 basis point improvement in non-GAAP operating margins and a 31% increase in non-GAAP earnings per share,” said Seth Bagshaw, Senior Vice President and Chief Financial Officer.  Mr. Bagshaw added “This performance reflects the strong operating leverage inherent


The following information was filed by Mks Instruments Inc (MKSI) on Tuesday, January 29, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Mks Instruments Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Mks Instruments Inc.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Log in with your credentials

or    

Forgot your details?

Create Account