Veeco Reports Second Quarter 2020 Financial Results

News | Aug 03, 2020

Second Quarter 2020 Highlights:

• Revenues of $98.6 million, compared with $97.8 million in the same period last year
• GAAP net loss of $8.3 million, or $0.17 loss per diluted share
• Non-GAAP net income of $5.5 million, or $0.11 per diluted share

PLAINVIEW, N.Y., Aug. 03, 2020 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its second quarter ended June 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.

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