MKS Instruments sees Q3 EPS $1.43, plus or minus 28c, consensus $1.34

Sees Q3 revenue $870M, plus or minus $40M, consensus $893.21M. The company said, “The team continues to deliver robust gross margins as we closely manage the cost structure through the current cycle. In addition, we have taken proactive measures to improve our debt profile, including our convertible notes offering in May as well as another repricing and voluntary term loan prepayment of $110 million in July. These actions set the stage for improved operating and earnings leverage when demand conditions recover.”