MKS Instruments reports sales increase

MKS Instruments, a provider of technologies to power, control, deliver, monitor, measure and analyse advanced processes in high-growth applications, has reported its second quarter 2010 financial results.

Sales were $220.6m (£144.7m), an increase of 15 per cent from $192.2m in the first quarter of 2010, and an increase of 192 per cent from $75.6m in the second quarter of 2009.

Non-GAAP net earnings, which exclude special items, were $33.4m, or $0.66 per diluted share, compared to $28.9m, or $0.57 per diluted share in the first quarter of 2010, and a net loss of $4.2m, or ($0.08) per basic share in the second quarter of 2009.