MKS Instruments Inc. (MKSI) reported earnings for fourth quarter that declined from the same period last year.
The company's earnings came in at $72 million, or $1.32 per share. This compares with $78 million, or $1.41 per share, in last year's fourth quarter.
Excluding items, MKS Instruments Inc. reported adjusted earnings of $84 million or $1.54 per share for the period.
Analysts had expected the company to earn $1.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 10.0% to $461 million from $512 million last year.
MKS Instruments Inc. earnings at a glance:
-Earnings (Q4): $84 Mln. vs. $95 Mln. last year.
-EPS (Q4): $1.54 vs. $1.71 last year.
-Analysts Estimate: $1.51
-Revenue (Q4): $461 Mln vs. $512 Mln last year.
For comments and feedback contact: editorial@rttnews.com