Veeco Reports Third Quarter 2020 Financial Results

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Veeco Instruments (VECO) Tops Q3 EPS by 2c, Revenues Beat; Offers 4Q Revenue Guidance Above Consensus

October 27, 2020 4:14 PM EDT

Veeco Instruments (NASDAQ: VECO) reported Q3 EPS of $0.22, $0.02 better than the analyst estimate of $0.20. Revenue for the quarter came in at $112.1 million versus the consensus estimate of $111.55 million.

Third Quarter 2020 Highlights:

Revenues of $112.1 million, compared with $109.0 million in the same period last yearGAAP net income of $0.6 million, or $0.01 per diluted share, compared with a loss of $11.8 million, or $0.25 loss per diluted share in the... More