Veeco Instruments (VECO) Tops Q3 EPS by 12c
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Veeco Reports Third Quarter 2016 Financial Results
November 1, 2016 4:06 PM EDTPLAINVIEW, NY -- (Marketwired) -- 11/01/16 -- Veeco Instruments Inc. (NASDAQ: VECO)
Third Quarter 2016 Results Summary:
Recognized revenue of $85.5 millionGAAP net loss per share of $1.78, includes pre-tax restructuring and asset impairment charges of $57.8 millionNarrowed non-GAAP net loss per share to $0.05Achieved positive non-GAAP adjusted EBITDA of $2.9 millionGenerated $7 million in cash from operationsVeeco Instruments Inc. (NASDAQ: VECO) today announced financial results for its third fiscal quarter ended September 30, 2016. Results are reported in accordance with U.S.... More
