MKS Instruments (MKSI) Q1 Earnings Top Estimates, Revenues Up
MKS Instruments(MKSI) Zacks Investment Research·2024-05-10 00:01
MKS Instruments (MKSI) reported adjusted earnings of $1.18 per share in first-quarter 2024, up from the year-ago quarter’s earnings of 48 cents. The figure beat the Zacks Consensus Estimate by 57.33%.Revenues of $868 million beat the consensus mark by 0.73% and increased 9.3% year over year.Products revenues (86.9% of total revenues) were $754 million, up 5.9% year over year.Services revenues (13.1% of total revenues) rallied 39% year over year to $114 million. Quarterly UpdateRevenues from the Semiconducto ...