MKS Instruments, Inc. (NASDAQ:MKSI) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET

Company Participants

Paretosh Misra - Vice President of Investor Relations
John Lee - President and Chief Executive Officer
Michelle McCarthy - Vice President and Chief Accounting Officer

Conference Call Participants

Joseph Moore - Morgan Stanley
Michael Mani - Bank of America Securities
Melissa Weathers - Deutsche Bank
Jim Ricchiuti - Needham & Company
Krish Sankar - TD Cowen
Joe Quatrochi - Wells Fargo
Steve Barger - KeyBanc Capital Markets

Operator

Welcome to the MKS Instruments' Second Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the call over to Paretosh Misra, Vice President of Investor Relations. Please go ahead.

Paretosh Misra

Good morning, everyone. I am Paretosh Misra, Vice President of Investor Relations, and I'm joined this morning by John Lee, President and Chief Executive Officer; and Michelle McCarthy, Vice President and Chief Accounting Officer. Yesterday, after market close, we released our financial results for the second quarter of 2024, which are posted to our investor Web site at investor.mks.com.

As a reminder, various remarks about future expectations, plans and prospects for MKS comprise forward-looking statements. Actual results may differ materially as a result of various important factors, including those discussed in yesterday's press release and in our annual report on Form 10-K for the year ended December 31st, 2023. These statements represent the company's expectations only as of today, and should not be relied upon as representing the company's estimates or views as of any date subsequent to today, and the company disclaims any obligation to update these statements.

During the call, we will be discussing various non-GAAP financial measures. Unless otherwise noted, all income statement-related financial measures will be non-GAAP other than revenue and gross margin. Please refer to our press release and the presentation materials posted to the Investor Relations section of our Web site for information regarding our non-GAAP financial results and a reconciliation of our GAAP and non-GAAP financial measures. For a detailed breakout of revenues by end market and division, please visit our investor Web site.

Now, I'll turn the call over to John.

John Lee

Thanks, Paretosh, and good morning everyone. Let me start by welcoming Paretosh to MKS as our new Vice President of Investor Relations. Paretosh brings strong experience in both investor relations and sell-side research, where we covered MKS earlier in his career. I assume a number of you may already know Paretosh. We're glad to have him onboard. You'll be hearing from him soon. In addition, we are making very good progress on our search for MKS' next CFO. I hope to have news to share in the not too distant future.