Veeco Reports Third Quarter 2015 Financial Results; Authorizes $100 Million Share Repurchase Program

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JPMorgan Downgrades Veeco Instruments Inc. (VECO) to Neutral

October 29, 2015 7:08 AM EDT

JPMorgan downgraded Veeco Instruments Inc. (NASDAQ: VECO) from Overweight to Neutral with a price target of $23.00 (from $32.00).

For an analyst ratings summary and ratings history on Veeco Instruments Inc. click here. For more ratings news on Veeco Instruments Inc. click here.

Shares of Veeco Instruments Inc. closed at $20.82 yesterday.

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Veeco Instruments (VECO) Tops Q3 EPS by 3c; Cuts FY15 Revenue Outlook

October 28, 2015 4:11 PM EDT

Veeco Instruments (NASDAQ: VECO) reported Q3 EPS of $0.33, $0.03 better than the analyst estimate of $0.30. Revenue for the quarter came in at $140.7 million versus the consensus estimate of $145.19 million.

Authorizes $100 million share repurchase program

Guidance:

Veeco Instruments sees Q4 2015 EPS of... More