MKS Instruments Reports First Quarter 2020 Financial Results
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MKS Instruments (MKSI) Tops Q1 EPS by 30c, Revenues Beat; Provides 2Q EPS/Revenue Outlook
April 28, 2020 4:39 PM EDTMKS Instruments (NASDAQ: MKSI) reported Q1 EPS of $1.54, $0.30 better than the analyst estimate of $1.24. Revenue for the quarter came in at $536 million versus the consensus estimate of $508.65 million.
Quarterly revenue of $536 million, up 7% sequentially and up 16% year-over-yearQuarterly Non-GAAP net earnings of $85 million, or $1.54 per diluted shareQuarterly GAAP net income of $69 million, or $1.25 per diluted shareI could not be more proud of the dedication, resilience and hard work of the MKS team during such a challenging time, said John TC Lee, President and Chief Executive Officer.... More
