CEO Jerry Colella transcript
This quarter revenue is $462 million, which is at the high-end of our guidance range. Non-GAAP net for the third quarter were $62 million, or $1.12 per diluted share, which was above our guidance range. This outperformance was driven by strong demand within our semiconductor market, as well as continued operational and financial execution. While timing of our full market remains uncertain, we are seeing improving conditions complemented by strong execution and production differentiation as evidenced by recent design wins.
Average analysts recommendation BUY $122 price target.
Market cap $6.04 b, possible acquisition target.
MKS Instruments , Inc. engages in the provision of instruments, subsystems, and process control solutions to measure, control, power, monitor, and analyze parameters of manufacturing processes. It operates through the Vacuum and Analysis; and Light and Motion segments. The Vacuum and Analysis segment comprises pressure measurement and control, flow measurement and control, gas and vapor delivery, gas composition analysis, residual gas analysis, leak detection, control technology, ozone generation and delivery, RF & DC power, reactive gas generation, and vacuum technology components. The Light and Motion segment includes lasers, photonics, sub-micron positioning, vibration control, and optics instruments. The company was founded in 1961 and is headquartered in Andover, MA.