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Veeco Instruments Q1 Adj. EPS $0.220 Beats $0.060 Estimate, Sales $104.500M Beat $103.410M Estimate

Veeco Instruments (NASDAQ:VECO) reported quarterly earnings of $0.220 per share which beat the analyst consensus estimate of $0.060 by 266.67 percent. This is a 257.14 percent increase over losses of $(0.140) per share

Benzinga · 05/07/2020 20:55

Veeco Instruments (NASDAQ:VECO) reported quarterly earnings of $0.220 per share which beat the analyst consensus estimate of $0.060 by 266.67 percent. This is a 257.14 percent increase over losses of $(0.140) per share from the same period last year. The company reported quarterly sales of $104.500 million which beat the analyst consensus estimate of $103.410 million by 1.05 percent. This is a 5.16 percent increase over sales of $99.371 million the same period last year.