MKS Instruments: Q1 Earnings Insights

MKS Instruments (NASDAQ:MKSI) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:30 PM. Here’s what…

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.

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