Veeco Instruments Q2 Sales Increase

(RTTNews) - Veeco Instruments (VECO) reported a profit for second quarter of $11.857 million

The company's earnings came in at $11.857 million, or $0.18 per share. This compares with $11.733 million, or $0.20 per share, last year.

Excluding items, Veeco Instruments reported adjusted earnings of $21.8 million or $0.33 per share for the period.

The company's revenue for the period rose 16.5% to $193.481 million from $166.104 million last year.

Veeco Instruments earnings at a glance (GAAP) :

-Earnings: $11.857 Mln. vs. $11.733 Mln. last year. -EPS: $0.18 vs. $0.20 last year. -Revenue: $193.481 Mln vs. $166.104 Mln last year.

-Guidance: Next quarter EPS guidance: $ 0.35 To $ 0.49 Next quarter revenue guidance: $ 200 M To $ 220 M Full year EPS guidance: 1.36 To 1.61 Full year revenue guidance: $ 780 M To $ 810 M