Veeco Instruments (VECO) Tops Q2 EPS by 2c, Revenues Miss; Offers 3Q EPS/Revenue Guidance Below Consensus

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Go back to Veeco Instruments (VECO) Tops Q2 EPS by 2c, Revenues Miss; Offers 3Q EPS/Revenue Guidance Below Consensus

Veeco Reports Second Quarter 2018 Financial Results

August 2, 2018 7:30 AM EDT

PLAINVIEW, 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 charge

Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its second quarter ended June 30, 2018.  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