Veeco Instruments (VECO) released a profit for first quarter that decreased from last year
The company's earnings totaled $11.9 million, or $0.20 per share. This compares with $21.9 million, or $0.37 per share, last year.
Excluding items, Veeco Instruments reported adjusted earnings of $22.2 million or $0.37 per share for the period.
The company's revenue for the period fell 4.1% to $167.3 million from $174.5 million last year.
Veeco Instruments earnings at a glance (GAAP) :
-Earnings: $11.9 Mln. vs. $21.9 Mln. last year.
-EPS: $0.20 vs. $0.37 last year.
-Revenue: $167.3 Mln vs. $174.5 Mln last year.
-Guidance:
Next quarter EPS guidance: $0.12 to $0.32
Next quarter revenue guidance: $135 - $165 mln
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