Flash FinanceUS
After hours S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · Veeco Instruments (VECO)

Veeco Q2 revenue rises to $175.9 million; GAAP net income $14.9 million vs. year-ago loss

Positive Impact 3 of 5 earnings Written later

Veeco reported second quarter 2024 revenue of $175.9 million, up from $161.6 million a year earlier, and GAAP net income of $14.9 million ($0.25 per diluted share) against a net loss of $85.3 million in the prior-year quarter. The company also narrowed its full-year 2024 outlook, with revenue now expected at $690 million to $730 million, down from $680 million to $740 million, and non-GAAP EPS at $1.65 to $1.85, down from $1.60 to $1.90.

Key points

  • Q2 2024 revenue $175.9 million vs. $161.6 million in Q2 2023; non-GAAP diluted EPS $0.42 vs. $0.36
  • GAAP net income $14.9 million ($0.25 diluted EPS) vs. net loss of $85.3 million a year earlier
  • Q3 2024 guidance: revenue $170 million to $190 million; non-GAAP diluted EPS $0.39 to $0.49
  • Updated FY 2024 outlook: revenue $690 million to $730 million; non-GAAP EPS $1.65 to $1.85

The filing

CompanyVeeco Instruments (VECO)
Form8-K, current report
Filed with the SECAug 6, 2024, 4:15 PM ET
Accession number0001558370-24-011091

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 August 06, 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.