MKS Q2 2023 Earnings Report
Key Takeaways
MKS Instruments reported Q2 2023 financial results with revenue of $1.0 billion, up 26% sequentially. The company's Non-GAAP net earnings per diluted share was $1.32. The company expects revenue of $930 million for Q3 2023.
Revenue of $1.0 billion, up 26% sequentially and above the midpoint of guidance
Semiconductor market revenue of $440 million, up 42% sequentially and above high end of guidance
Gross margin of 46.9%, above high end of guidance
Non-GAAP net earnings per diluted share of $1.32, above the midpoint of guidance
MKS
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MKS Revenue by Segment
Forward Guidance
The Company expects for the third quarter of 2023, revenue of $930 million, plus or minus $50 million, Adjusted EBITDA of $210 million, plus or minus $26 million, and Non-GAAP net earnings per diluted share of $0.98, plus or minus $0.29.