🟢 MKS Instruments is trading 5.6% up today after Q2 beat and upbeat Q3 guidance

MKS Instruments is trading 5.6% up at $306.48 after investors reassessed strong second-quarter results and upbeat third-quarter guidance.

• Revenue reached $1.248 billion and non-GAAP EPS was $3.30, both above expectations.
• Management projected third-quarter revenue of $1.35 billion.
• Shares are rebounding from the $291.31 close on August 6, when concerns about margins and capital spending overshadowed the earnings beat.