Quarterly ResultAug 5, 2026, 04:05 PM
Veeco Q2 Revenue $193.5M, Non-GAAP EPS $0.33; Raises FY26 Outlook
AI Summary
Veeco Instruments reported strong second-quarter 2026 results, with revenue increasing 16.5% year-over-year to $193.5 million, exceeding market expectations. The company's Non-GAAP net income was $21.8 million, or $0.33 per diluted share. Driven by increased demand from AI expansion, Veeco raised its full-year 2026 revenue guidance to $780 million - $810 million and Non-GAAP diluted EPS guidance to $1.36 - $1.61, reflecting confidence in its long-term growth outlook.
Key Highlights
- Q2 2026 Revenue increased 16.5% to $193.5 million from $166.1 million year-over-year.
- Q2 2026 GAAP net income was $11.9 million, or $0.18 per diluted share.
- Q2 2026 Non-GAAP net income was $21.8 million, or $0.33 per diluted share.
- Q3 2026 revenue guidance is $200 million to $220 million.
- Q3 2026 Non-GAAP diluted EPS guidance is $0.35 to $0.49.
- Fiscal Year 2026 revenue guidance raised to $780 million to $810 million.
- Fiscal Year 2026 Non-GAAP diluted EPS guidance raised to $1.36 to $1.61.
Price Impact
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