ANDOVER

MKS Instruments Reports First Quarter 2024 Financial Results

Retrieved on: 
Mercredi, mai 8, 2024

Quarterly revenue of $868 million, above the midpoint of guidance

Key Points: 
  • Quarterly revenue of $868 million, above the midpoint of guidance
    Quarterly Adjusted EBITDA of $217 million and Non-GAAP net earnings per diluted share of $1.18, exceeding the high-end of guidance
    ANDOVER, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today reported first quarter 2024 financial results.
  • “MKS delivered strong results in the first quarter despite a soft end-market demand environment,” said John T.C.
  • A conference call with management will be held on Thursday, May 9, 2024 at 8:30 a.m. (Eastern Time).
  • A live and archived webcast and related presentation materials will be available on the Investor Relations section of the MKS website.

MKS Instruments Declares Quarterly Cash Dividend

Retrieved on: 
Mercredi, mai 8, 2024

ANDOVER, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share, payable on June 7, 2024, to shareholders of record as of May 28, 2024.

Key Points: 
  • ANDOVER, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share, payable on June 7, 2024, to shareholders of record as of May 28, 2024.
  • Future dividend declarations, as well as the record and payment dates for such dividends, are subject to the final determination of the Company's Board of Directors.

MKS Receives Samsung Electro-Mechanics (SEMCO) Supplier Excellence Award to Demonstrate Global Competitiveness

Retrieved on: 
Lundi, mai 6, 2024

ANDOVER, Mass., May 06, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, has been recognized as an outstanding supplier by Samsung Electro-Mechanics (SEMCO), a world-class company that develops and produces major electronics components, for the development and trial production of new products with MKS’ Atotech team in Korea.

Key Points: 
  • ANDOVER, Mass., May 06, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, has been recognized as an outstanding supplier by Samsung Electro-Mechanics (SEMCO), a world-class company that develops and produces major electronics components, for the development and trial production of new products with MKS’ Atotech team in Korea.
  • "This recognition reflects the strong partnership and deep trust that has been established between MKS and SEMCO during more than 24 years of close cooperation, characterized by continuous innovation and strict quality management,” said John T.C.
  • Lee, President and Chief Executive Officer of MKS.
  • A key factor in this recognition was the proactive technical support the MKS Atotech Customer Service team in Korea provided to successfully resolve yield issues that arose in the field, demonstrating their prompt and expert problem-solving skills.

Byrna Technologies Promotes John Brasseur to Chief Operating Officer and Raises Production Target to 18,000 Launchers per Month

Retrieved on: 
Jeudi, avril 25, 2024

John Brasseur, who joined Byrna in July of last year as Vice President of New Product Development, has been promoted to Chief Operating Officer where he will oversee Supply Chain, Global Production, Engineering, and New Product Development.

Key Points: 
  • John Brasseur, who joined Byrna in July of last year as Vice President of New Product Development, has been promoted to Chief Operating Officer where he will oversee Supply Chain, Global Production, Engineering, and New Product Development.
  • Under his leadership, Byrna has successfully increased manufacturing capacity by 44%, from 10,000 to 14,400 launchers per month from January through March 2024.
  • “I am honored to step into the role of Chief Operating Officer at Byrna and continue to ensure new product developments, supply chain, and production operations keep pace with the growing demand created from our effective marketing efforts,” said John Brasseur.
  • This initiative aims not only to satisfy the rising demand but also to ensure ample stock availability for the holiday season and beyond.

Vicor Corporation Reports Results for the First Quarter Ended March 31, 2024

Retrieved on: 
Mardi, avril 23, 2024

ANDOVER, Mass., April 23, 2024 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • ANDOVER, Mass., April 23, 2024 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the first quarter ended March 31, 2024.
  • Gross margin decreased to $45.1 million for the first quarter of 2024, compared to $46.5 million for the corresponding period a year ago, and decreased sequentially from $47.3 million for the fourth quarter of 2023.
  • Vicor will be holding its investor conference call today, Tuesday, April 23, 2024 at 5:00 p.m. Eastern Time.
  • Vicor Corporation designs, develops, manufactures, and markets modular power components and complete power systems based upon a portfolio of patented technologies.

BlueHalo Awards Mercury Production Agreement to Provide Digital Signal Processing Hardware for U.S. Space Force Satellite Control System

Retrieved on: 
Jeudi, avril 18, 2024

“We are proud to provide signal processing technology for the SCAR program that will allow the United States to maintain its strategic advantage in the space domain,” said Ken Hermanny, VP and GM of Signal Technologies at Mercury.

Key Points: 
  • “We are proud to provide signal processing technology for the SCAR program that will allow the United States to maintain its strategic advantage in the space domain,” said Ken Hermanny, VP and GM of Signal Technologies at Mercury.
  • Last Fall, BlueHalo successfully demonstrated target tracking and processing of signals using Multi-band Software Defined Antenna (MSDA) tiles deployed on its BADGER product.
  • Under the new production agreement, finalized in January, Mercury will deliver subsystems for additional BADGERs systems throughout 2024.
  • “This agreement with Mercury represents the first entrance into high-rate manufacturing for BADGER,” said Jonathan Moneymaker, BlueHalo Chief Executive Officer.

Mercury Systems to Report Third Quarter Fiscal Year 2024 Financial Results on May 7, 2024

Retrieved on: 
Mardi, avril 16, 2024

ANDOVER, Mass., April 16, 2024 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com ), a technology company that delivers mission-critical processing power to the edge, will release its third quarter fiscal year 2024 financial results after the market close on Tuesday, May 7, 2024.

Key Points: 
  • ANDOVER, Mass., April 16, 2024 (GLOBE NEWSWIRE) -- Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com ), a technology company that delivers mission-critical processing power to the edge, will release its third quarter fiscal year 2024 financial results after the market close on Tuesday, May 7, 2024.
  • ET on the same day to discuss Mercury's quarterly financial results, business highlights, and outlook.
  • Participants are requested to register a day in advance or at a minimum 15 minutes before the start of the call.
  • The Mercury Processing Platform allows customers to tap into innovative capabilities from silicon to system scale, turning data into decisions on timelines that matter.

MKS Instruments Announces First Quarter 2024 Earnings Conference Call

Retrieved on: 
Lundi, avril 15, 2024

ANDOVER, Mass., April 15, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that the Company will release first quarter 2024 financial results after market close on Wednesday, May 8, 2024.

Key Points: 
  • ANDOVER, Mass., April 15, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that the Company will release first quarter 2024 financial results after market close on Wednesday, May 8, 2024.
  • A conference call with management will be held on Thursday, May 9, 2024 at 8:30 a.m. (Eastern Time).
  • To participate in the call by phone, participants should register online by clicking here , where dial in details will be provided.
  • We encourage participants to register and dial in to the conference call at least 15 minutes before the start of the call to ensure a timely connection.

L3Harris Selects Mercury to Provide Solid-State Data Recorders for SDA’s Tranche 2 Tracking Layer Satellites

Retrieved on: 
Mercredi, avril 10, 2024

L3Harris was selected in January to design and build 18 satellites that will provide near-global missile warning and tracking coverage, with preliminary missile defense, under SDA’s Tranche 2 Tracking Layer program.

Key Points: 
  • L3Harris was selected in January to design and build 18 satellites that will provide near-global missile warning and tracking coverage, with preliminary missile defense, under SDA’s Tranche 2 Tracking Layer program.
  • The Tracking Layer is part of SDA’s Proliferated Warfighter Space Architecture, a layered network of military satellites supporting multiple missions in Low Earth Orbit (LEO).
  • Tranche 2 follows the 16-satellite constellation L3Harris is building for Tranche 1, and the four recently launched satellites it built for the Tranche 0.
  • Mercury’s solid-state data recorders (SSDRs) are the primary storage devices on all three L3Harris constellations.