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MKS Instruments Q3 Non-GAAP Earnings Rise, Revenue Declines
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MKS Instruments Q3 Non-GAAP Earnings Rise, Revenue Declines
Nov 7, 2024 3:04 AM

05:34 AM EST, 11/07/2024 (MT Newswires) -- MKS Instruments ( MKSI ) reported Q3 non-GAAP earnings late Wednesday of $1.72 per diluted share, up from $1.46 a year earlier.

Analysts polled by Capital IQ expected $1.45.

Net revenue for the quarter ended Sept. 30 was $896 million, down from $932 million a year earlier.

Analysts surveyed by Capital IQ expected $874.7 million.

The company said it expects Q4 non-GAAP diluted EPS of $1.95, plus or minus $0.32. Analysts polled by Capital IQ expect $1.48.

The company expects revenue for the quarter of $910 million, plus or minus $40 million. Analysts surveyed by Capital IQ expect $885 million.

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