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MKS Instruments (MKSI) Q1 Earnings Top Estimates, Revenues Up
MKSIMKS Instruments(MKSI) Zacks Investment Research·2024-05-09 16:01

MKS Instruments (MKSI) reported adjusted earnings of 1.18pershareinfirst−quarter2024,upfromtheyear−agoquarter’searningsof48cents.ThefigurebeattheZacksConsensusEstimateby57.331.18 per share in first-quarter 2024, up from the year-ago quarter’s earnings of 48 cents. The figure beat the Zacks Consensus Estimate by 57.33%.Revenues of 868 million beat the consensus mark by 0.73% and increased 9.3% year over year.Products revenues (86.9% of total revenues) were 754million,up5.9754 million, up 5.9% year over year.Services revenues (13.1% of total revenues) rallied 39% year over year to 114 million. Quarterly UpdateRevenues from the Semiconducto ...