earnings
confidence high
sentiment positive
materiality 0.70
Veeco Q3 revenue $150.2M (+34% YoY); Non-GAAP EPS $0.40 vs $0.22; Q4 guidance raised
VEECO INSTRUMENTS INC
2021-Q3 EPS reported
$0.33
revenue$430,305,000
- Revenue $150.2M, GAAP net income $9.0M ($0.17 diluted EPS) vs $0.6M ($0.01) in Q3 2020.
- Non-GAAP net income $20.5M ($0.40 diluted EPS) vs $11.0M ($0.22) YoY.
- Record semiconductor sales driven by Laser Annealing and EUV mask blank systems.
- Q4 2021 guidance: revenue $140-160M, GAAP EPS $0.04-0.22, Non-GAAP EPS $0.27-0.45.
- Cash flow from operations highest in several years; new San Jose facility shipping first systems.