Veeco Reports Second Quarter 2016 Financial Results
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Deutsche Bank Upgrades Veeco Instruments Inc. (VECO) to Buy
August 2, 2016 6:55 AM EDTDeutsche Bank upgraded Veeco Instruments Inc. (NASDAQ: VECO) from Hold to Buy with a price target of $22. Analyst Vishal Shah noted that MOCVD fundamentals are finally improving.
"Although Q2 results were soft, mgmt suggested a meaningful improvement in MOCVD bookings environment in Q3 timeframe.... More
Veeco Instruments (VECO) Tops Q2 EPS by 1c, Offers Q3 Guidance
August 1, 2016 4:07 PM EDTVeeco Instruments (NASDAQ: VECO) reported Q2 EPS of ($0.19), $0.01 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $75.3 million versus the consensus estimate of $76.3 million.
GUIDANCE:
Veeco Instruments sees Q3 2016 EPS of ($0.26)-($0.10), versus the consensus of... More
