MKS Instruments Q2 Profit Plunges - Quick Facts

(RTTNews) - MKS Instruments, Inc. (MKSI) Wednesday reported second-quarter profit of $7.3 million or $0.14 per share, down from $18.6 million or $0.35 per share in the same period last year.

Adjusted earnings for the quarter was $7.3 million or $0.14 per share. On average, six analysts polled by Thomson Reuters expected the company to earn $0.13 per share for the quarter. Analysts' estimates typically exclude special items.

Sales improved 11 percent to $157 million from $142 million last year. Analysts expected revenues of $155.51 million.

Looking ahead to the third quarter, the company has forecast earnings in the range of $0.14 to $0.26 per share, with revenues in the order of $155 million to $170 million. Analysts currently expect the company to earn $0.27 per share on revenues of $171.76 million.