Can MKSI's Solid Q3 Earnings and FY24 View Push the Stock Higher?
MKS Instruments(MKSI) ZACKS·2024-11-08 00:00
MKS Instruments (MKSI) reported adjusted earnings of $1.72 per share in third-quarter 2024, up from the year-ago quarter’s earnings of $1.46 per share. The figure beat the Zacks Consensus Estimate by 21.13%.Revenues of $896 million beat the consensus mark by 2.62% but declined 3.9% year over year.Products revenues (86% of total revenues) were $776 million, down 5.1% year over year. The figure beat the Zacks Consensus Estimate by 1.78%.Services revenues (13.4% of total revenues) increased 5.3% year over year ...