MKS Instruments, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 02, 2022 at 04:30 pm EDT
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MKS Instruments, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 954 million compared to USD 742 million a year ago. Net income was USD 6 million compared to USD 132 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to USD 2.39 a year ago. Diluted earnings per share from continuing operations was USD 0.09 compared to USD 2.38 a year ago.
For the nine months, revenue was USD 2,461 million compared to USD 2,186 million a year ago. Net income was USD 279 million compared to USD 401 million a year ago. Basic earnings per share from continuing operations was USD 4.85 compared to USD 7.24 a year ago. Diluted earnings per share from continuing operations was USD 4.84 compared to USD 7.21 a year ago.
MKS Instruments, Inc. is engaged in delivering technology solutions. The Company's segments include Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Materials Solutions Division (MSD). The VSD segment delivers technology solutions to edge semiconductor manufacturing, electronics and packaging and specialty industrial applications. VSD products are derived from its core competencies in pressure measurement and control, flow measurement and control, gas and vapor delivery, gas composition analysis, electronic control technology, reactive gas generation and delivery, power generation and delivery, and vacuum technology. The PSD segment provides a range of instruments, components, and subsystems to semiconductor manufacturing, electronics and packaging and specialty industrial applications. The MSD segment develops process and manufacturing technologies for advanced surface modification, electroless and electrolytic plating, and surface finishing.
MKS INSTRUMENTS, INC. 
