Veeco Instruments Inc. (VECO) reported net income for the third quarter of $1.3 million or $0.04 per share, compared to a loss of $2.4 million or $0.08 per share in the year-ago quarter.
Non-GAAP net income was $0.16 per share, compared to $0.19 per share in the same quarter last year.
Revenues for the quarter decreased to $98.9 million from $115.7 million in the prior-year quarter.
On average, analysts polled by Thomson Reuters expected the company to earn $0.01 per share, on revenues of $86.43 million for the quarter. Analysts estimates typically exclude special items.
Looking ahead, Veeco's fourth quarter 2009 revenues are currently forecasted to be between $120 million - $130 million, with earnings per share between $0.25 to $0.35 on a GAAP basis and $0.29 to $0.35 on a non-GAAP basis.
Analysts currently expect earnings of $0.12 per share on revenues of $100.01 million for the fourth quarter.
Veeco's 2009 revenue guidance is now $353million - $363 million, up from previous guidance of $310 million - $325 million.
Analysts currently expect the company to post a loss of $0.26 per share on revenues of $321.33 million for the full year.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.