Veeco Instruments (VECO) Tops Q2 EPS by 2c, Revenues Miss; Offers 3Q EPS/Revenue Guidance Below Consensus
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Veeco Reports Second Quarter 2018 Financial Results
August 2, 2018 7:30 AM EDTPLAINVIEW, N.Y., Aug. 02, 2018 (GLOBE NEWSWIRE) -- Second Quarter 2018 Highlights:
Revenues of $157.8 million, compared with $112.2 million in the same period last yearGAAP net loss of $237.6 million, or $5.02 loss per diluted shareNon-GAAP net income of $7.2 million, or $0.15 per diluted shareRecorded $252.3 million non-cash, intangible asset impairment chargeVeeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its second quarter ended June 30, 2018. Â 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... More
