Veeco: Q1 Earnings Snapshot
By Ap News
Published - May 07, 2024, 04:57 PM ET
Last Updated - May 27, 2024, 01:01 AM EDT
PLAINVIEW, N.Y. (AP) — PLAINVIEW, N.Y. (AP) — Veeco Instruments Inc. (VECO) on Tuesday reported profit of $21.9 million in its first quarter.
The Plainview, New York-based company said it had net income of 37 cents per share. Earnings, adjusted for one-time gains and costs, came to 45 cents per share.
The precision manufacturing equipment maker posted revenue of $174.5 million in the period.
For the current quarter ending in June, Veeco expects its per-share earnings to range from 38 cents to 48 cents.