Veeco Instruments Inc. reported third quarter 2025 revenue of $165.9 million, down from $184.8 million in the same period last year. GAAP net income was $10.6 million, or $0.17 per diluted share, compared to $22.0 million, or $0.36 per diluted share, a year ago. Non-GAAP net income was $21.8 million, or $0.36 per diluted share, versus $28.3 million, or $0.46 per diluted share, in the prior year period. The company highlighted continued momentum in the semiconductor market, especially in AI and High-Performance Computing, and reported multiple orders for its 300mm Gallium Nitride single wafer and Arsenide Phosphide batch systems. Veeco also noted the pending merger with Axcelis. For the fourth quarter of 2025, Veeco expects revenue between $155 million and $175 million, GAAP diluted earnings (loss) per share between ($0.07) and $0.05, and non-GAAP diluted earnings per share between $0.16 and $0.32.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Veeco Instruments Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9568937-en) on November 05, 2025, and is solely responsible for the information contained therein.
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