Veeco Reports Third Quarter 2020 Financial Results

News | Oct 27, 2020

 

Third Quarter 2020 Highlights:

  • Revenues of $112.1 million, compared with $109.0 million in the same period last year
  • GAAP 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 same period last year
  • Non-GAAP net income of $11.0 million, or $0.22 per diluted share, compared with $2.6 million, or $0.05 per diluted share in the same period last year

PLAINVIEW, N.Y. — Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its third quarter ended September 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 reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.

Read more here.

Recent Posts

Veeco is the industry leader driving HDD manufacturing to new levels of productivity.

Pennsylvania State University Selects Our GENxplor R&D MBE System for Optoelectronic Material Research

Read more

Veeco Releases 2021 Sustainability Report

Read more

Veeco Reports Second Quarter 2022 Financial Results

Read more

Veeco Announces Date for Second Quarter Financial Results and Conference Call

Read more

Our team is ready to help