Veeco Instruments (VECO) released a profit for third quarter that Drops, from the same period last year
The company's earnings came in at $10.6 million, or $0.17 per share. This compares with $22.0 million, or $0.36 per share, last year.
Excluding items, Veeco Instruments reported adjusted earnings of $21.8 million or $0.36 per share for the period.
The company's revenue for the period fell 10.2% to $165.9 million from $184.8 million last year.
Veeco Instruments earnings at a glance (GAAP) :
-Earnings: $10.6 Mln. vs. $22.0 Mln. last year.-EPS: $0.17 vs. $0.36 last year.-Revenue: $165.9 Mln vs. $184.8 Mln last year.
-Guidance:Next quarter EPS guidance: $0.16 to $0.32Next quarter revenue guidance: $155 to 175 mln
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