March 23, 2011 / 9:29 PM / 7 years ago

UPDATE 1-Canada's MKS sees Q4 revenue above Street view

* Sees Q4 rev $25-$28 mln vs est $19.4 mln

* Sees Q4 license revenue of $13-$16 mln (Follows alerts)

March 23 (Reuters) - Canadian software and services provider MKS Inc forecast fourth-quarter revenue above analysts’ expectations, citing higher license transactions.

MKS, whose customers include Lockheed Martin Corp , Canon and HSBC Holdings Plc , expects quarterly revenue of $25-$28 million.

Three analysts, on average, were expecting revenue of $19.4 million, according to Thomson Reuters I/B/E/S.

The company forecast quarterly license revenue of $13-$16 million.

The Waterloo, Ontario-based company’s shares closed at C$15.96 Wednesday on the Toronto Stock Exchange. (Reporting by Supantha Mukherjee in Bangalore; Editing by Prem Udayabhanu)

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