Thursday, March 7, 2013

MKS Instruments Q3 EPS Beats

MKS Instruments (MKSI), which makes manufacturing process control equipment for the semiconductor sector and other markets, reported Q3 revenue of $221.3 million, with non-GAAP profits of 72 cents a share; the Street had been expecting $222.5 million and 69 cents.

For Q4, the company sees revenue of $215 million to $230 million, with non-GAAP profits of� 62-73 cents a share; the Street has been projecting $219.8 million and 66 cents.

The company also said it received a $20 million order from a major China-based solar cell manufacturer.

MKSI in late trading is up 63 cents, or 3.2%, to $20.05.

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