PLAINVIEW, N.Y. (AP) — PLAINVIEW, N.Y. (AP) — Veeco Instruments Inc. (VECO) on Wednesday reported earnings of $1.1 million in its fourth quarter.
On a per-share basis, the Plainview, New York-based company said it had net income of 2 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 24 cents per share.
The precision manufacturing equipment maker posted revenue of $165 million in the period.
For the year, the company reported profit of $35.4 million, or 59 cents per share. Revenue was reported as $664.3 million.
For the current quarter ending in March, Veeco expects its per-share earnings to range from 14 cents to 24 cents.
The company said it expects revenue in the range of $150 million to $170 million for the fiscal first quarter.
Veeco expects full-year earnings in the range of $1.50 to $1.85 per share, with revenue ranging from $740 million to $800 million.
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