Veeco Reports Second Quarter 2019 Financial Results

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Veeco Instruments (VECO) Tops Q2 EPS by 3c, Revenues Miss; Offers Q3 EPS/Revenue Outlook

August 5, 2019 4:47 PM EDT

Veeco Instruments (NASDAQ: VECO) reported Q2 EPS of ($0.06), $0.03 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $97.8 million versus the consensus estimate of $101.43 million.

Second Quarter 2019 Highlights:

Revenues of $97.8 million, compared with $157.8 million in the same period last yearGAAP net loss of $15.6 million, or $0.33 loss per diluted... More