Veeco Reports First Quarter 2020 Financial Results

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Go back to Veeco Reports First Quarter 2020 Financial Results

Veeco Instruments (VECO) Tops Q1 EPS by 16c, Revenues Beat; Not Providing 2Q Guidance

May 7, 2020 4:47 PM EDT

Veeco Instruments (NASDAQ: VECO) reported Q1 EPS of $0.22, $0.16 better than the analyst estimate of $0.06. Revenue for the quarter came in at $104.5 million versus the consensus estimate of $103.41 million.

First Quarter 2020 Highlights:

Revenues of $104.5 million, compared with $99.4 million in the same period last yearGAAP net loss of $0.6 million, or $0.01 loss per diluted shareNon-GAAP net income... More