Veeco Instruments (VECO) reported earnings for fourth quarter that Drops, from the same period last year
The company's bottom line came in at $1.11 million, or $0.02 per share. This compares with $14.97 million, or $0.26 per share, last year.
Excluding items, Veeco Instruments reported adjusted earnings of $0.24 per share for the period.
The company's revenue for the period fell 9.4% to $165.0 million from $182.1 million last year.
Veeco Instruments earnings at a glance (GAAP) :
-Earnings: $1.11 Mln. vs. $14.97 Mln. last year.-EPS: $0.02 vs. $0.26 last year.-Revenue: $165.0 Mln vs. $182.1 Mln last year.
-Guidance:Next quarter EPS guidance: $ 0.14 To $ 0.24Next quarter revenue guidance: $ 150 M To $ 170 M
For the full year 2026, the company expects revenue of $740 million to $800 million, earnings per share of $0.83 to $1.17, and adjusted earnings per share of $1.50 to $1.85.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.