Veeco Q4 revenue $173.9M (+13% YoY), non-GAAP EPS $0.51; guides Q1 $160-180M

VEECO INSTRUMENTS INC

2023-FY EPS reported -$0.56 revenue$666,435,000

Q4 rev $173.9M (+13% YoY); GAAP net income $21.6M ($0.37 EPS); Non-GAAP net income $29.8M ($0.51 EPS).
FY2023 rev $666.4M (+3% YoY); GAAP net loss $30.4M (incl $97.1M debt refinancing); Non-GAAP net $98.3M ($1.69) vs $89.6M ($1.57).
CEO: Semi business outperformed WFE growth for 3rd year; shipped eval systems for Nanosecond Annealing and Ion Beam Deposition.
Q1 2024 guidance: rev $160-180M; GAAP EPS $0.22-0.33; Non-GAAP EPS $0.36-0.46.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

VEECO INSTRUMENTS INC reported the quarter and year ended December 31, 2023 results: revenue $173.9 million, net income $21.6 million, EPS $0.37 per diluted share. Guidance initiated.

Period: the quarter and year ended December 31, 2023
Revenue: $173.9 million
Net income: $21.6 million
EPS: $0.37 per diluted share
Guidance: initiated
Result: reported results

Exact text from the filing

99.2 to this report. --- EX-99.1 (EX-99.1) --- VEECO REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 FINANCIAL RESULTS Fourth Quarter 2023 Highlights: ● Revenue of $173.9 million, compared with $153.8 million in the same period last year ● GAAP net income of $21.6 million, or $0.37 per diluted share, compared with $128.9 million, or $2.00 per diluted

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Source: SEC EDGAR

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