MKS Instruments (MKSI) Surpasses Q4 Earnings and Revenue Estimates

Company Performance - MKS Instruments reported quarterly earnings of $2.15 per share, exceeding the Zacks Consensus Estimate of$1.92 per share, and up from $1.17 per share a year ago, adjusted for non-recurring items [1] - The earnings surprise for the quarter was 11.98$1.72 per share against an estimate of $1.42 per share, resulting in a surprise of 21.13$935 million for the quarter, surpassing the Zacks Consensus Estimate by 2.68%, and an increase from $893 million year-over-year [3] Market Performance - MKS Instruments shares have increased approximately 6$1.60 on revenues of $904.81 million, and for the current fiscal year, it is$7.48 on revenues of $3.81 billion [8] Industry Outlook - The Electronics - Manufacturing Machinery industry, to which MKS Instruments belongs, is currently ranked in the bottom 7$0.44 per share, reflecting a year-over-year increase of 131.6%, with revenues projected at $558.3 million, up 25.5% from the previous year [10][11]