Veeco: Q3 Earnings Snapshot

PLAINVIEW, N.Y. (AP) — PLAINVIEW, N.Y. (AP) — Veeco Instruments Inc. (VECO) on Wednesday reported earnings of $10.6 million in its third quarter.

The Plainview, New York-based company said it had profit of 17 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 36 cents per share.

The precision manufacturing equipment maker posted revenue of $165.9 million in the period.

For the current quarter ending in December, Veeco expects its per-share earnings to range from 16 cents to 32 cents.

The company said it expects revenue in the range of $155 million to $175 million for the fiscal fourth quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VECO at https://www.zacks.com/ap/VECO

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