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Dec 31, 2023
MKS Q4 2023 Earnings Report
Reported exceeding revenue guidance with a quarterly revenue of $893 million and non-GAAP EPS of $1.17.
Key Takeaways
MKS Instruments reported Q4 2023 financial results with revenue exceeding the high-end of guidance. The company reported a GAAP net loss of $68 million, but a non-GAAP net earnings per diluted share of $1.17 and Adjusted EBITDA of $218 million, also exceeding guidance.
Revenue exceeded the high-end of guidance.
GAAP net loss was $68 million, including goodwill and intangible asset impairments.
Non-GAAP EPS exceeded the high-end of guidance.
Adjusted EBITDA exceeded the high-end of guidance.
MKS
MKS
MKS Revenue by Segment
Forward Guidance
For the first quarter of 2024, the Company expects revenue of $840 million, plus or minus $40 million, Adjusted EBITDA of $182 million, plus or minus $22 million, and Non-GAAP net earnings per diluted share of $0.72, plus or minus $0.25.