Veeco Instruments Inc. (VECO) reported first quarter adjusted net income of $0.49 per share after the bell Monday, down from $1.44 per share last year. The consensus estimate was for EPS of $0.19. Second quarter adjusted EPS is expected to be between $0.29 and $0.48, compared to the consensus estimate of $0.23.
Veeco Instruments gapped up sharply Tuesday and climbed during the first half hour of trade, before settling into a range. Shares finished up by 4.63 at $34.82, with volume at nearly a 6-month high. The stock rose above a range and set an 8-month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.