Veeco Reports Second Quarter 2020 Financial Results

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Veeco Instruments (VECO) Tops Q2 EPS by 4c, Revenues Beat; Offers 3Q EPS/Revenue Guidance

August 3, 2020 4:09 PM EDT

Veeco Instruments (NASDAQ: VECO) reported Q2 EPS of $0.11, $0.04 better than the analyst estimate of $0.07. Revenue for the quarter came in at $98.6 million versus the consensus estimate of $97.83 million.

Second Quarter 2020 Highlights:

Revenues of $98.6 million, compared with $97.8 million in the same period last yearGAAP net loss of $8.3 million, or $0.17 loss per diluted shareNon-GAAP... More