Veeco Instruments Inc. announced its Q4 and Fiscal Year 2021 financial results, with Q4 revenues reaching $153.0 million compared to $138.9 million in the same period last year. GAAP net income was $8.2 million, or $0.15 per diluted share, compared to a net loss of $0.1 million, or $(0.00) per diluted share in the same period last year. Non-GAAP net income was $22.6 million, or $0.43 per diluted share, compared to $15.0 million, or $0.30 per diluted share in the same period last year.
Revenues for Q4 2021 reached $153.0 million, up from $138.9 million year-over-year.
GAAP net income for Q4 2021 was $8.2 million, or $0.15 per diluted share, compared to a net loss of $0.1 million year-over-year.
Non-GAAP net income for Q4 2021 was $22.6 million, or $0.43 per diluted share, compared to $15.0 million year-over-year.
Demand in semiconductor and compound semiconductor markets is exceptionally strong.
Analyze how earnings announcements historically affect stock price performance