PLAINVIEW, N.Y. (AP) — PLAINVIEW, N.Y. (AP) — Veeco Instruments Inc. (VECO) on Tuesday reported profit of $21.9 million in its first quarter.
The Plainview, New York-based company said it had net income of 37 cents per share. Earnings, adjusted for one-time gains and costs, came to 45 cents per share.
The precision manufacturing equipment maker posted revenue of $174.5 million in the period.
For the current quarter ending in June, Veeco expects its per-share earnings to range from 38 cents to 48 cents.
The company said it expects revenue in the range of $165 million to $185 million for the fiscal second quarter.
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