MKS Instruments Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
MKS Instruments (NASDAQ:MKSI) Full Year 2023 Results
Key Financial Results
Revenue: US$3.62b (up 2.1% from FY 2022).
Net loss: US$1.84b (down from US$333.0m profit in FY 2022).
US$27.56 loss per share (down from US$5.58 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
MKS Instruments Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 4.1%.
Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in the US.
Performance of the American Semiconductor industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for MKS Instruments (1 is potentially serious!) that you should be aware of.
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