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

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

Veeco Reports First Quarter 2020 Financial Results

May 7, 2020 4:06 PM EDT

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 of $10.9 million, or $0.22 per diluted share

PLAINVIEW, N.Y., May 07, 2020 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its first quarter ended March 31, 2020. Results are reported in accordance with U.S. generally accepted accounting principles (GAAP) and are also reported adjusting for certain items (Non-GAAP). A... More