MKS Q3 2020 Earnings Report
Key Takeaways
MKS Instruments reported record quarterly revenue of $590 million, a 28% increase year-over-year. The company's Semiconductor Market revenue also reached a record $359 million, up 61% year-over-year. Non-GAAP net earnings per diluted share were $1.93, a 72% increase year-over-year, while GAAP net income per diluted share was $1.66. The company also reported record quarterly operating cash flow of $152 million and free cash flow of $123 million.
Record quarterly consolidated revenue of $590 million, up 28% year-over-year.
Record quarterly Semiconductor Market revenue of $359 million, up 61% year-over-year.
Non-GAAP net earnings per diluted share of $1.93, up 72% year-over-year.
Record quarterly operating cash flow of $152 million and free cash flow of $123 million.
MKS
MKS
MKS Revenue by Segment
Forward Guidance
The Company expects revenue in the fourth quarter of 2020 could be $600 million, plus or minus $25 million. GAAP net income per diluted share could be $1.75, plus or minus $0.20 and non-GAAP net earnings per diluted share could be $2.00, plus or minus $0.20.
Positive Outlook
- Revenue could be $600 million, plus or minus $25 million
- GAAP net income per diluted share could be $1.75, plus or minus $0.20
- Non-GAAP net earnings per diluted share could be $2.00, plus or minus $0.20