Veeco Reports Fourth Quarter and Fiscal Year 2023 Financial Results

News | Feb 14, 2024

Fourth Quarter 2023 Highlights:

• Revenue of $173.9 million, compared with $153.8 million in the same period last year
• GAAP net income of $21.6 million, or $0.37 per diluted share, compared with $128.9 million, or $2.00 per diluted share in the same period last year
• Non-GAAP net income of $29.8 million, or $0.51 per diluted share, compared with $21.9 million, or $0.38 per diluted share in the same period last year

Fiscal Year 2023 Highlights:

• Revenue of $666.4 million, compared with $646.1 million in the same period last year
• GAAP net loss of $30.4 million, or $0.56 loss per diluted share, included a $97.1 million loss related to debt refinancing, compared with net income of $166.9 million, or $2.71 earnings per diluted share in the same period last year

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