Ion Beam Deposition systems
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Veeco Reports Second Quarter 2025 Financial Results
Globenewswireยท 2025-08-06 20:05
Financial Performance - Veeco Instruments Inc. reported Q2 2025 revenue of $166.1 million, a decrease of 5.5% from $175.9 million in Q2 2024 [2][4] - GAAP net income for Q2 2025 was $11.7 million, or $0.20 per diluted share, down from $14.9 million, or $0.25 per diluted share in the same period last year [2][4] - Non-GAAP net income for Q2 2025 was $21.5 million, or $0.36 per diluted share, compared to $25.4 million, or $0.42 per diluted share in Q2 2024 [2][4] Business Drivers - The financial performance was attributed to the rapid expansion of High-Performance Computing and AI technologies, with significant shipments of wet processing and lithography systems for Advanced Packaging and Ion Beam Deposition systems for EUV mask blanks [2][4] Guidance and Outlook - For Q3 2025, Veeco expects revenue in the range of $150 million to $170 million, with GAAP diluted earnings per share anticipated between $0.04 and $0.22, and Non-GAAP diluted earnings per share expected between $0.20 and $0.35 [5][36]