Veeco Q4 revenue rises to $182.1 million, but quarterly profit falls
Veeco reported fourth-quarter revenue of $182.1 million, up from $173.9 million a year earlier, and full-year 2024 revenue of $717.3 million, up from $666.4 million. Quarterly GAAP net income fell to $15.0 million from $21.6 million, and the company recorded a $28.1 million asset impairment; full-year GAAP results swung to net income of $73.7 million from a loss of $30.4 million. The company also guided first-quarter 2025 revenue to $155 million to $175 million.
Key points
- Q4 2024 revenue was $182.1 million versus $173.9 million in Q4 2023; GAAP diluted EPS was $0.26 versus $0.37.
- Q4 2024 non-GAAP diluted EPS was $0.41 versus $0.51 a year earlier.
- Full-year 2024 GAAP diluted EPS was $1.23 versus a loss of $0.56; non-GAAP diluted EPS was $1.74 versus $1.69.
- Q1 2025 guidance: revenue of $155 million to $175 million; GAAP diluted EPS of $0.11 to $0.22; non-GAAP diluted EPS of $0.26 to $0.36.
The filing
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 February 12, 2025.
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.