* 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)