Benzinga | Jan 27, 2021 05:00PM EST

Recap: MKS Instruments Q4 Earnings

Shares of MKS Instruments (NASDAQ:MKSI) increased in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 95.00% year over year to $2.34, which beat the estimate of $2.02.

Revenue of $660,200,000 higher by 32.12% from the same period last year, which beat the estimate of $602,980,000.

Looking Ahead

MKS Instruments hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Technicals

Company's 52-week high was at $192.30

52-week low: $66.87

Price action over last quarter: Up 51.45%

Company Overview

MKS Instruments Inc is engaged in providing instruments, subsystems, and process control systems used to measure, monitor, deliver, and control parameters of manufacturing processes. The company's product portfolio includes instruments, components, and systems required in manufacturing products such as flat panel displays, medical devices, and electronic materials, among others used in industrial technologies, semiconductor, life and health sciences, and research and defense markets. The company organizes itself into three reportable business segments: vacuum and analysis, light and motion, and equipment and solutions. The vacuum and analysis segment contributes to roughly half of the company's revenue, and the majority of its revenue is earned in the United States.