MKS Instruments reports Q1 EPS $1.71, consensus $1.45

Reports Q1 revenue $936M, consensus $924.23M. The company said, “We maintained our recent momentum in the first quarter with solid revenue performance that was at the high end of our guidance, led by strong year-over-year growth in both our Semiconductor and Electronics & Packaging end markets. Our team is executing well and capturing opportunities across memory and foundry as well as advanced packaging necessary to support AI applications. We exited the quarter seeing pockets of demand improvement in our Semiconductor and Electronics and Packaging markets. We are taking active steps to mitigate the impacts from new trade policies. This situation remains dynamic, but we are confident in our ability to manage through, supported by our resilient global manufacturing and supply chain, strong customer relationships and broad, deep product portfolio.”