---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-008520"
form_type: "8-K"
ticker: "VECO"
cik: "0000103145"
company_name: "VEECO INSTRUMENTS INC"
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T11:52:31.015938+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Veeco Q1 revenue $153.5M, GAAP EPS $0.17; guides Q2 rev $145-165M

## Summary
- Revenue $153.5M, down 1.9% YoY from $156.4M; GAAP net income $8.7M vs $13.3M.
- Non-GAAP operating income $20.4M; non-GAAP diluted EPS $0.30 vs $0.38 YoY.
- Q2 2023 guidance: revenue $145-165M, GAAP EPS $0.11-0.21, non-GAAP EPS $0.26-0.34.
- CEO cites laser annealing momentum with additional orders at leading logic customers.
- Results exceeded high-end of prior Q1 guidance range for both revenue and EPS.

## SEC filing metadata
- accession: 0001558370-23-008520
- form_type: 8-K
- ticker: VECO
- cik: 0000103145
- company_name: VEECO INSTRUMENTS INC
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103145/000155837023008520/0001558370-23-008520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103145/000155837023008520/veco-20230508x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-008520
- JSON: https://secwatch.observer/filing/0001558370-23-008520.json
- Plain text: https://secwatch.observer/filing/0001558370-23-008520.txt

## Key facts
- Earnings Releases
  VEECO INSTRUMENTS INC reported quarter ended March 31, 2023 results: revenue $153.5 million, net income $16.9 million, EPS $0.30 per diluted share.
  - Period: quarter ended March 31, 2023
  - Revenue: $153.5 million
  - Net income: $16.9 million
  - EPS: $0.30 per diluted share
  - Result: reported results
  source text: ● Revenues of $153.5 million, compared with $156.4 million in the same period last year ● GAAP net income of $8.7 million, or $0.17 per diluted share, compared with $13.3 million, or $0.24 per diluted share in the same period last year
  evidence_url: https://www.sec.gov/Archives/edgar/data/103145/000155837023008520/0001558370-23-008520-index.htm
- Earnings Releases
  VEECO INSTRUMENTS INC reported quarter ended March 31, 2023 results: revenue $153.5 million, net income $16.9 million, EPS $0.30 per diluted share.
  - Period: quarter ended March 31, 2023
  - Revenue: $153.5 million
  - Net income: $16.9 million
  - EPS: $0.30 per diluted share
  - Result: reported results
  source text: First Quarter 2023 Highlights: ​ ● Revenues of $153.5 million, compared with $156.4 million in the same period last year ● GAAP net income of $8.7 million, or $0.17 per diluted share, compared with $13.3 million, or $0.24 per diluted share in the same period last year ● Non-GAAP net income of $16.9 million, or $0.30 per diluted share, compared with $21.7 million, or $0.38 per diluted share in the same period last year
  evidence_url: https://www.sec.gov/Archives/edgar/data/103145/000155837023008520/0001558370-23-008520-index.htm
- Earnings Releases
  VEECO INSTRUMENTS INC reported second quarter 2023 results: revenue $145 million to $165 million, EPS GAAP diluted earnings (loss) per share are expected in the range of $0.11 to $0.21. Guidance initiated.
  - Period: second quarter 2023
  - Revenue: $145 million to $165 million
  - EPS: GAAP diluted earnings (loss) per share are expected in the range of $0.11 to $0.21
  - Guidance: initiated
  - Result: guidance update
  source text: The following guidance is provided for Veeco’s second quarter 2023: ​ ● Revenue is expected in the range of $145 million to $165 million ● GAAP diluted earnings (loss) per share are expected in the range of $0.11 to $0.21 ● Non-GAAP diluted earnings per share are expected in the range of $0.26 to $0.34
  evidence_url: https://www.sec.gov/Archives/edgar/data/103145/000155837023008520/0001558370-23-008520-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.