Veeco Instruments (VECO) Tops Q2 EPS by 1c, Offers Q3 Guidance

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Veeco Reports Second Quarter 2016 Financial Results

August 1, 2016 4:06 PM EDT

PLAINVIEW, NY -- (Marketwired) -- 08/01/16 -- Second Quarter 2016 Results Summary:

Revenues of $75.3 millionGAAP net loss per share of $0.82, includes a pre-tax charge of ~$16 million associated with the restructuring plansNon-GAAP net loss per share of $0.19Non-GAAP adjusted EBITDA of negative $2.8 million

Veeco Instruments Inc. (NASDAQ: VECO) today announced financial results for its second fiscal quarter ended June 30, 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 provided at the end of this press... More