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Sep 30, 2022
Veeco Q3 2022 Earnings Report
Reported revenue of $171.9 million and GAAP net income of $15.0 million.
Key Takeaways
Veeco reported a revenue of $171.9 million, compared to $150.2 million in the same period last year. GAAP net income was $15.0 million, or $0.27 per diluted share, compared to $9.0 million, or $0.17 per diluted share in the same period last year. Non-GAAP net income was $26.0 million, or $0.45 per diluted share, compared to $20.5 million, or $0.40 per diluted share in the same period last year.
Revenues of $171.9 million, compared with $150.2 million in the same period last year
GAAP net income of $15.0 million, or $0.27 per diluted share, compared with $9.0 million, or $0.17 per diluted share in the same period last year
Non-GAAP net income of $26.0 million, or $0.45 per diluted share, compared with $20.5 million, or $0.40 per diluted share in the same period last year
Achieved another record revenue quarter in semiconductor business driven by laser annealing product line, advanced packaging, and EUV mask blank production
Forward Guidance
For the fourth quarter 2022, Veeco expects revenue between $150 million and $170 million, GAAP diluted earnings per share between $0.05 and $0.23, and Non-GAAP diluted earnings per share between $0.24 and $0.40.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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