PLAINVIEW, N.Y. (AP) — PLAINVIEW, N.Y. (AP) — Veeco Instruments Inc. (VECO) on Wednesday reported earnings of $21.6 million in its fourth quarter.
On a per-share basis, the Plainview, New York-based company said it had profit of 37 cents. Earnings, adjusted for one-time gains and costs, came to 51 cents per share.
The precision manufacturing equipment maker posted revenue of $173.9 million in the period.
For the year, the company reported a loss of $30.4 million, or 56 cents per share. Revenue was reported as $666.4 million.
For the current quarter ending in March, Veeco expects its per-share earnings to range from 36 cents to 46 cents.
The company said it expects revenue in the range of $160 million to $180 million for the fiscal first quarter.
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