ANDOVER, MA – MKS Instruments reported $935 million in fourth quarter revenue, up 4.7% from the fourth quarter of 2023.

For the full year, the company's revenue remained largely flat at $3.6 billion.

"MKS delivered revenue and adjusted EBITDA above the midpoint of our outlook, closing out 2024 on an impressive note against a mixed demand backdrop," said John T.C. Lee, president and CEO. "Our broad and deep technology portfolio serving an array of semiconductor, electronics and industrial applications enables us to address key demand opportunities as broader end market recovery begins to develop.

"We enter 2025 in a strong position, highlighted by increasing customer engagement with our World Class Optics solutions, as well as solid trends in our chemistry business as we demonstrate the pivotal role we play in advanced electronics."

For the first quarter of 2025, the company expects revenue of $910 million, plus or minus $40 million.

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