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

Veeco Q1 revenue falls to $167.3 million; GAAP EPS $0.20 vs $0.37 a year earlier

Negative Impact 3 of 5 earnings Written later

Veeco reported first-quarter 2025 revenue of $167.3 million, down from $174.5 million a year earlier, and GAAP net income of $11.9 million, or $0.20 per diluted share, down from $21.9 million, or $0.37. For the second quarter, Veeco guided to revenue of $135 million to $165 million and GAAP diluted EPS of a $(0.05) loss to $0.17.

Key points

  • Q1 2025 revenue $167.3 million vs $174.5 million in Q1 2024
  • Q1 2025 non-GAAP net income $22.2 million, or $0.37 per diluted share, vs $0.45 a year earlier
  • Q2 2025 guidance: revenue $135 million to $165 million; non-GAAP diluted EPS $0.12 to $0.32
  • Cash and short-term investments totaled $353 million at March 31, 2025, per the presentation

The filing

CompanyVeeco Instruments (VECO)
Form8-K, current report
Filed with the SECMay 7, 2025, 4:15 PM ET
Accession number0001558370-25-006740

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, 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.