News

News

Veeco Reports Fourth Quarter and Fiscal Year 2017 Financial Results

February 12, 2018

Fourth Quarter 2017 Highlights:

  • Revenues of $143.4 million, compared with $93.6 million in the same period last year
  • GAAP net loss of $5.6 million, or $0.12 loss per share
  • Non-GAAP net income of $9.1 million, or $0.19 per diluted share

Full Year 2017 Highlights:

  • Revenues of $484.8 million
  • GAAP net loss of $44.8 million, or $1.01 loss per share
  • Non-GAAP net income of $23.4 million, or $0.53 per diluted share

Veeco Instruments Inc. (Nasdaq:VECO) today announced financial results for its fourth quarter and fiscal year ended December 31, 2017.  Results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and are also reported adjusting for certain items (“Non-GAAP”). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.  

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