MKS Instruments (NASDAQ:MKSI) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
MKS Instruments beat estimated earnings by 366.67%, reporting an EPS of $0.48 versus an estimate of $-0.18.
Revenue was up $52.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.66 which was followed by a 5.15% increase in the share price the next day.
Here’s a look at MKS Instruments’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.34 | 2.41 | 2.30 | 2.61 |
| EPS Actual | 2 | 2.74 | 2.59 | 2.71 |
| Revenue Estimate | 994.02M | 949.35M | 733.55M | 753.94M |
| Revenue Actual | 1.08B | 954.00M | 765.00M | 742.00M |
To track all earnings releases for MKS Instruments visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.