earnings
confidence high
sentiment neutral
materiality 0.75
MKS Instruments Q2 revenue $1.0B, GAAP loss $26.47/sh on impairment, non-GAAP EPS $1.32 beat
MKS INC
2023-Q2 EPS reported
-$27.14
revenue$1,797,000,000
- Revenue $1.0B, up 26% sequentially and above midpoint of guidance.
- Semiconductor revenue $440M, up 42% sequentially and above high end of guidance.
- GAAP net loss $26.47/sh includes goodwill/intangibles impairment; Non-GAAP EPS $1.32 above midpoint.
- Q3 outlook: revenue $930M +/- $50M; Non-GAAP EPS $0.98 +/- $0.29.
- CFO expects H2 total revenue slightly above H1; cash flow to normalize in Q3.