MKS Instruments Reports Q4 EPS of $.70 vs. $.69

MKS Instruments, Inc. MKSI today reports fourth quarter and full year 2010 financial results. Sales were $219.0 million, up 53 percent from $142.8 million in the fourth quarter of 2009 and down slightly from $221.3 million in the third quarter of 2010. Fourth quarter net income was $35.9 million, or $0.70 per diluted share, compared to net income of $14.9 million, or $0.30 per diluted share, in the fourth quarter of 2009 and $38.6 million, or $0.76 per diluted share, in the third quarter of 2010. Non-GAAP net earnings, which exclude discontinued operations and special charges, were $34.4 million, or $0.67 per diluted share, compared to $14.9 million, or $0.29 per diluted share, in the fourth quarter of 2009 and $36.8 million, or $0.72 per diluted share, in the third quarter of 2010.