Benzinga | Oct 27, 2020 04:22PM EDT

Veeco Instruments Q3 EPS $0.22 Beats $0.20 Estimate, Sales $112.10M Beat $111.55M Estimate

Veeco Instruments (NASDAQ:VECO) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.20 by 10 percent. This is a 340 percent increase over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $112.10 million which beat the analyst consensus estimate of $111.55 million by 0.49 percent. This is a 2.89 percent increase over sales of $108.95 million the same period last year.