MKS Instruments (MKSI) Q4 Earnings & Revenues Beat, Down Y/Y

MKSI LITE

MKS Instruments (MKSI - Free Report) reported fourth-quarter 2018 adjusted earnings of $1.54 per share that beat the Zacks Consensus Estimate by a couple of cents. However, the figure declined 9.9% year over year.

Revenues of $460.5 million comfortably surpassed the Zacks Consensus Estimate of $441 million. However, the top line declined 10% year over year. Lower spending in the semiconductor market is the reason behind the decline.

MKS Instruments, Inc. Price, Consensus and EPS Surprise

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