Veeco Q3: Revenue $184.8M (+4% YoY), GAAP EPS $0.36, Non-GAAP $0.46; Q4 guidance $165-185M

VEECO INSTRUMENTS INC

2024-Q3 EPS reported $0.97 revenue$535,170,000

Revenue $184.8M vs $177.4M YoY (+4%); semiconductor revenue record, grew 26% YoY.
GAAP net income $22.0M ($0.36 diluted EPS) vs $24.6M ($0.42) YoY.
Non-GAAP net income $28.3M ($0.46 diluted EPS) vs $31.0M ($0.53) YoY.
Q4 2024 guidance: revenue $165-185M, GAAP EPS $0.18-0.27, non-GAAP EPS $0.35-0.45.
CEO says semiconductor business on track to outperform WFE growth for 4th consecutive year.

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