Veeco Instruments (VECO) Tops Q1 EPS by 11c

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Veeco Reports First Quarter 2016 Financial Results

May 4, 2016 4:07 PM EDT

PLAINVIEW, NY -- (Marketwired) -- 05/04/16 --

First Quarter 2016 Results Summary:

Revenues of $78 million, down 21% compared with the same period last year GAAP net loss per share of $0.40 and Non-GAAP net loss per share of $0.15 Non-GAAP adjusted EBITDA of negative $2.1 million

Veeco Instruments Inc. (NASDAQ: VECO) today announced financial results for its first fiscal quarter ended March 31, 2016. Results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and are also reported adjusting for certain items ("Non-GAAP"). A reconciliation between GAAP and Non-GAAP operating results is... More