earnings
confidence high
sentiment positive
materiality 0.75
MKS Instruments Q3 Non-GAAP EPS $1.46 beats guidance; Q4 revenue outlook $840M
MKS INC
2023-Q3 EPS reported
-$26.53
revenue$2,730,000,000
- Revenue $932M in-line; GAAP EPS $0.58, Non-GAAP EPS $1.46 above guidance high-end.
- GAAP gross margin 45.7%, non-GAAP 47.1% above high-end; operating margins also above.
- Repriced USD Term Loan B and made $100M voluntary prepayment on Term Loan A in October.
- Q4 guidance: revenue $840M +/- $40M, Adjusted EBITDA $185M, Non-GAAP EPS $0.85 +/- $0.27.
- Operating cash flow $160M, free cash flow $142M.