Investing.com - MKS Instruments reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
MKS Instruments announced earnings per share of $2.74 on revenue of $954M. Analysts polled by Investing.com EPS of $2.42 on revenue of $946.7M.
MKS Instruments 's are up 17.79% and is trading at $75.00 , still down 55.83% from its 52 week high of $181.03 set on Thursday, January 13, 2022.
MKS Instruments shares lost 6.20% to trade at $75.00 in after-hours trade the report.
MKS Instruments follows other major Information Technology sector earnings this month
MKS Instruments's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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