Veeco Instruments (VECO) Tops Q3 EPS by 3c, Revenues Miss; Offers Q4 EPS/Revenue Below Consensus

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Veeco Reports Third Quarter 2018 Financial Results

November 1, 2018 7:30 AM EDT

Third Quarter 2018 Highlights:

Revenues of $126.8 million, compared with $129.3 million in the same period last yearGAAP net loss of $9.0 million, or $0.19 loss per diluted shareNon-GAAP net income of $5.3 million, or $0.11 per diluted share

PLAINVIEW, N.Y., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its third quarter ended September 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 Non-GAAP operating results is provided... More