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AI brief of an SEC Form 8-K · Veeco Instruments (VECO)

Veeco Q1 2024 revenue rises to $174.5 million; EPS $0.37 GAAP, guidance given

Positive Impact 3 of 5 earnings Written later

Veeco reported first quarter 2024 revenue of $174.5 million, up from $153.5 million a year earlier, and GAAP net income of $21.9 million, or $0.37 per diluted share, versus $8.7 million, or $0.17, in the prior-year quarter. The company guided second quarter 2024 revenue to $165 million to $185 million and non-GAAP diluted EPS to $0.38 to $0.48.

Key points

  • Q1 2024 revenue $174.5 million vs. $153.5 million in Q1 2023
  • Q1 2024 GAAP diluted EPS $0.37 vs. $0.17; non-GAAP diluted EPS $0.45 vs. $0.30
  • Q2 2024 guidance: revenue $165 million to $185 million; GAAP diluted EPS $0.22 to $0.33
  • Q1 2024 cash flow from operations was $9 million vs. $29 million in Q4 2023

The filing

CompanyVeeco Instruments (VECO)
Form8-K, current report
Filed with the SECMay 7, 2024, 4:15 PM ET
Accession number0001558370-24-007057

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.