16.02.2017 22:15:32
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Veeco Instruments Reveals 533% Increase In Q4 Bottom Line
(RTTNews) - Veeco Instruments (VECO) revealed a profit for its fourth quarter that advanced compared to the same period last year.
The company said its bottom line rose to $3.8 million, or $0.09 per share. This was higher than $0.6 million, or $0.01 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.06 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 12.1% to $93.6 million. This was down from $106.5 million last year.
Veeco Instruments earnings at a glance:
-Earnings (Q4): $3.8 Mln. vs. $0.6 Mln. last year. -Earnings Growth (Y-o-Y): 533.3% -EPS (Q4): $0.09 vs. $0.01 last year. -EPS Growth (Y-o-Y): 800% -Analysts Estimate: $0.06 -Revenue (Q4): $93.6 Mln vs. $106.5 Mln last year. -Revenue Change (Y-o-Y): -12.1%
-Guidance: Next quarter EPS guidance: $0.00 - $0.16 Next quarter revenue guidance: $85 - $100 Mln

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Veeco Instruments Inc. | 18,60 | -0,53% |
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