MKS Instruments, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 932 million compared to USD 954 million a year ago. Net income was USD 39 million compared to USD 6 million a year ago. Basic earnings per share from continuing operations was USD 0.59 compared to USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.58 compared to USD 0.09 a year ago.
For the nine months, revenue was USD 2,730 million compared to USD 2,461 million a year ago. Net loss was USD 1,772 million compared to net income of USD 279 million a year ago. Basic loss per share from continuing operations was USD 26.53 compared to basic earnings per share from continuing operations of USD 4.85 a year ago. Diluted loss per share from continuing operations was USD 26.53 compared to diluted earnings per share from continuing operations of USD 4.84 a year ago.