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

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Veeco Reports Second Quarter 2020 Financial Results

August 3, 2020 4:06 PM EDT

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 net income of $5.5 million, or $0.11 per diluted share

PLAINVIEW, N.Y., Aug. 03, 2020 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its second quarter ended June 30, 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