Veeco Reports Second Quarter 2017 Financial Results

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Veeco Instruments Inc. (VECO) PT Lowered to $36 at Stifel

August 4, 2017 10:43 AM EDT

Stifel lowered its price target on Veeco Instruments Inc. (NASDAQ: VECO) to $36.00 (from $38.00) while maintaining a Buy rating following the company's 2Q earnings release. On the call, management provided an update on its synergy plans, and raised its targets. The company now expects cost... More

Veeco Instruments (VECO) Tops Q2 EPS by 11c, Q3 Guidance Falls Short of Views

August 3, 2017 4:30 PM EDT

Veeco Instruments (NASDAQ: VECO) reported Q2 EPS of $0.15, $0.11 better than the analyst estimate of $0.04. Revenue for the quarter came in at $115.1 million versus the consensus estimate of $101.03 million.

GUIDANCE:

Veeco Instruments sees Q3 2017 EPS of ($0.09)-$0.09, versus the consensus of... More