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

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Veeco Reports Second Quarter 2017 Financial Results

August 3, 2017 4:05 PM EDT

PLAINVIEW, NY -- (Marketwired) -- 08/03/17 -- Second Quarter 2017 Highlights:

Revenues of $115.1 million, compared with $75.3 million in the same period last yearGAAP net loss of $18.4 million, or $0.43 per shareNon-GAAP net income of $6.4 million, or $0.15 per shareNon-GAAP adjusted EBITDA of $12.8 millionCompleted acquisition of Ultratech, Inc., a leading supplier of lithography, laser-processing and inspection systems addressing the advanced packaging, front-end semiconductor and LED markets

Veeco Instruments Inc. (NASDAQ: VECO) today announced financial results for its second fiscal quarter ended June 30, 2017. Results are reported in accordance with U.S.... More