Veeco Q1 revenue $167.3M, EPS down YoY; Q2 guides revenue $135-$165M

VEECO INSTRUMENTS INC

2025-Q1 EPS reported $0.20 revenue$167,292,000

Q1 revenue $167.3M (from $174.5M YoY); GAAP net income $11.9M ($0.20 EPS) vs $21.9M ($0.37); Non-GAAP net income $22.2M ($0.37) vs $26.4M ($0.45).
Q2 guidance: revenue $135M-$165M; GAAP diluted EPS ($0.05)-$0.17; Non-GAAP diluted EPS $0.12-$0.32.
CEO notes sequential and YoY growth in Semiconductor business, driven by Advanced Packaging; also received Intel 2025 EPIC award.
New application wins in Laser Annealing and Wet Processing; management expresses confidence in long-term strategy.

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