MKS Instruments Reports Fourth Quarter And Full Year 2020 Financial Results

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MKS Instruments, Inc. (MKSI) Tops Q4 EPS by 32c, Revenues Beat; Offers 1Q EPS Mid-Point Guidance Above Consensus, 1Q Revenue Outlook Above Consensus

January 27, 2021 4:35 PM EST

MKS Instruments, Inc. (NASDAQ: MKSI) reported Q4 EPS of $2.34, $0.32 better than the analyst estimate of $2.02. Revenue for the quarter came in at $660 million versus the consensus estimate of $602.98 million.

Record quarterly revenue of $660 million, up 32% year-over-yearRecord quarterly Non-GAAP net earnings of $130 million, up 96% year-over-year, and quarterly net income of $116 million, up 170% year-over-yearRecord annual operating cash flow of $513 million, up 110% year-over year, and record annual free cash flow of $428 million, up 137% year-over-year

We delivered record quarterly and full year revenue. Our results were underpinned by strong demand in... More