Shares of Veeco Instruments VECO were flat in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 13.64% year over year to $0.25, which beat the estimate of $0.23.
Revenue of $133,714,000 up by 27.95% year over year, which beat the estimate of $125,570,000.
Outlook
Q2 EPS expected between $0.17 and $0.35.
Q2 revenue expected between $125,000,000 and $145,000,000.
Conference Call Details
Date: May 04, 2021
Time: 05:00 PM
Technicals
Company's 52-week high was at $24.55
Company's 52-week low was at $9.59
Price action over last quarter: Unaffected 0.00%
Company Description
Veeco Instruments Inc is a United States-based company that is principally engaged in designing, developing, and manufacturing thin-film process equipment, which is mainly used to produce electronic devices. The company's product categories by market consist of lighting, display, and power electronics; advanced packaging; MEMS and RF; scientific and industrial; and data storage. The lighting, display, and power electronics market accounts for over half of total revenue. The company offers products and services in the United States; China; Europe, the Middle East, and Africa, or EMEA; and the rest of the world, with overseas markets contributing the majority of total revenue.
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