Veeco Instruments Q3 2023 Adj EPS $0.53 Beats $0.37 Estimate, Sales $177.37M Beat $167.89M Estimate
Portfolio Pulse from totan@benzinga.com
Veeco Instruments (NASDAQ:VECO) reported Q3 2023 earnings of $0.53 per share, beating the analyst consensus estimate of $0.37 by 43.24%. This is a 17.78% increase from the same period last year. The company also reported quarterly sales of $177.37 million, beating the analyst consensus estimate of $167.89 million by 5.64%. This is a 3.17% increase from the same period last year.
November 06, 2023 | 9:36 pm
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Veeco Instruments reported better than expected Q3 2023 earnings and sales, which could positively impact its stock price in the short term.
Veeco Instruments reported higher than expected earnings and sales for Q3 2023. This outperformance is typically viewed positively by investors and could lead to an increase in the company's stock price in the short term.
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