Core Insights - MKS Inc. reported strong Q3 2025 earnings, with adjusted earnings of $1.93 per share, exceeding estimates by 7.22% and showing a year-over-year increase of 12.2% [2] - Revenues reached $988 million, surpassing consensus estimates by 2.7% and reflecting a 10.3% year-over-year growth [2] Revenue Breakdown - Product revenues, accounting for 87% of total revenues, amounted to $860 million, up 10.8% year over year [3] - Service revenues, making up 13% of total revenues, increased by 6.7% year over year to $128 million [3] - Semiconductor market revenues (42% of total revenues) rose 9.8% year over year to $415 million [4] - Electronics & Packaging revenues (29.3% of total revenues) grew significantly by 25.1% year over year to $289 million [4] - Specialty Industrial revenues (28.7% of total revenues) saw a slight decline of 1% year over year to $284 million [4] - Vacuum Solutions revenues (39.1% of total revenues) increased by 11.9% year over year to $386 million [5] - Photonics Solutions revenues (25.2% of total revenues) decreased by 0.8% year over year to $249 million [5] - Materials Solutions revenues (35.7% of total revenues) climbed 17.7% year over year to $353 million [5] Operating Performance - Adjusted gross margin contracted by 160 basis points year over year to 46.7% [6] - Adjusted EBITDA increased by 3.4% year over year to $240 million, with an adjusted EBITDA margin of 24.3%, down 160 basis points [6] - Total operating expenses rose by 8% year over year to $256 million [6] - Non-GAAP operating income was $205 million, reflecting a 5.1% year-over-year increase, with an adjusted operating margin of 20.7%, down 100 basis points [7] Balance Sheet Highlights - As of September 30, 2025, cash and cash equivalents stood at $697 million, up from $674 million as of June 30 [8] - Long-term debt totaled $4.25 billion [8] - Cash flow from operations was $197 million in Q3 2025, compared to $165 million in the previous quarter [8] - Free cash flow increased to $147 million from $136 million in Q2 2025 [8] Q4 Guidance - MKS expects Q4 2025 revenues to be around $990 million, with a margin of +/- $40 million [9] - The company anticipates a gross margin of 46% (+/- 1%) and adjusted EBITDA of $235 million (+/- $24 million) [9][10] Market Sentiment - There has been a positive trend in estimates, with a 30.85% shift in consensus estimates over the past month [11] - MKS holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [13] Industry Comparison - MKS operates within the Zacks Electronics - Miscellaneous Products industry, where competitor Timken (TKR) reported revenues of $1.16 billion, reflecting a year-over-year change of +2.7% [14] - Timken's expected earnings for the current quarter indicate a change of -6% from the previous year, with a Zacks Rank 3 (Hold) as well [15]

Core Insights - Inseego reported a revenue of $45.89 million for the quarter ended September 2025, reflecting a decline of 15.1% year-over-year, while EPS improved to $0.12 from -$0.07 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $41.97 million by 9.36%, but the EPS fell short of the consensus estimate of $0.28 by 57.14% [1] Revenue Breakdown - Mobile solutions revenue was $16.04 million, surpassing the average estimate of $14.2 million, but showing a significant decline of 50.3% year-over-year [4] - Product revenues reached $33.69 million, exceeding the average estimate of $29.6 million, with a year-over-year decrease of 19.8% [4] - Services and other revenues were reported at $12.21 million, slightly above the estimated $12.1 million, marking a year-over-year increase of 1.5% [4] - Fixed wireless access solutions generated $17.65 million, exceeding the average estimate of $15.4 million, and showing a substantial year-over-year growth of 81.5% [4] Stock Performance - Inseego's shares have declined by 11.3% over the past month, contrasting with a 1.3% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Group 1 - Inseego reported revenue of $40.22 million for the quarter ended June 2025, a decrease of 32% year-over-year, with an EPS of $0.06 compared to $0.04 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $38.3 million by 5.02%, while the EPS surpassed the consensus estimate of $0.05 by 20% [1] - The stock has returned -13.8% over the past month, contrasting with the Zacks S&P 500 composite's +1.2% change, and currently holds a Zacks Rank 3 (Hold) [3] Group 2 - Mobile solutions revenue was reported at $13.67 million, significantly below the two-analyst average estimate of $19.45 million, reflecting a year-over-year decline of 47.2% [4] - Product revenues reached $28.18 million, slightly above the average estimate of $27.1 million, but still represented a year-over-year decrease of 28.1% [4] - Services and other revenues were reported at $12.04 million, marginally below the estimated $12.15 million, marking a 39.7% decline compared to the previous year [4] - Fixed wireless access solutions generated $14.51 million, exceeding the average estimate of $7.65 million, with a year-over-year increase of 9% [4]

Core Insights - Vertiv Holdings (VRT) reported strong second-quarter 2025 non-GAAP earnings of 95 cents per share, exceeding the Zacks Consensus Estimate by 14.46% and reflecting a year-over-year increase of 41.8% [1] - Net sales for the quarter reached $2.64 billion, a 35.1% increase year-over-year, also surpassing the Zacks Consensus Estimate by 11.86% [1] - The company experienced robust organic sales growth of 34% year-over-year [1] Financial Performance - Organic orders rose 11% year-over-year, with a book-to-bill ratio of approximately 1.2x, and a backlog of $8.5 billion, which is 21% higher than at the end of 2024 and up 7% from the end of Q1 2025 [3] - Product revenues, which accounted for 82.1% of total revenues, increased 39.3% year-over-year to $2.16 billion, while service revenues rose 18.7% to $472.1 million [4] - Revenue breakdown by region: - Americas: Revenues increased 42.9% year-over-year to $1.60 billion [4] - Asia and Pacific (APAC): Revenues increased 36.9% year-over-year to $560.2 million [5] - Europe, Middle East, and Africa (EMEA): Revenues increased 12.5% year-over-year to $475.6 million [6] Operating Details - Selling, general and administrative (SG&A) expenses rose 8.7% year-over-year to $395.6 million, but as a percentage of sales, they decreased by 360 basis points to 15% [7] - Adjusted operating profit increased 28.2% year-over-year to $489.3 million, with a non-GAAP operating margin of 18.5%, down 100 basis points year-over-year [7] Regional Performance - Adjusted operating profit by region: - Americas: Increased 34.9% year-over-year to $384.6 million [8] - EMEA: Decreased 4.8% year-over-year to $104.2 million [8] - APAC: Increased 83.3% year-over-year to $59.2 million [8] Balance Sheet and Cash Flow - As of June 30, 2025, cash, cash equivalents, and marketable securities totaled $1.64 billion, up from $1.47 billion at the end of Q1 2025 [9] - Long-term debt decreased slightly to $2.90 billion from $2.904 billion [9] - Cash flow from operating activities was $322.9 million, an increase from $303.3 million in the prior quarter, with free cash flow at $277 million [10] Future Guidance - For 2025, revenues are expected to be between $9.925 billion and $10.075 billion, with organic net sales growth projected at 23% to 25% [11] - Adjusted operating profit is anticipated to be between $1.950 billion and $2.030 billion, with an operating margin in the range of 19.7% to 20.3% [11] - For Q3 2025, revenues are expected to be between $2.510 billion and $2.590 billion, with organic net sales growth projected at 20% to 24% [12]