earnings
confidence high
sentiment positive
materiality 0.75
MKS Instruments Q2 revenue $887M at high end; adjusted EPS $1.53 beats guidance
MKS INC
2024-Q2 EPS reported
$0.55
revenue$1,755,000,000
- Revenue of $887M (high end of guidance); GAAP net income $23M, EPS $0.33.
- Non-GAAP diluted EPS of $1.53 exceeded high-end guidance; Adjusted EBITDA $228M.
- Completed convertible notes offering in May; July term loan prepayment of $110M and repricing.
- Q3 2024 outlook: revenue $870M ± $40M, Adjusted EBITDA $206M ± $23M, Non-GAAP EPS $1.43 ± $0.28.