Benzinga | Nov 2, 2021 05:40PM EDT

Veeco Instruments Q3 Adj. EPS $0.40 Beats $0.35 Estimate, Sales $150.20M Beat $146.41M Estimate; Sees Q4 Adj. EPS $0.27-$0.45 vs $0.35 Estimate, Sales $140M-$160M vs $146M Est.

Veeco Instruments (NASDAQ:VECO) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.35 by 14.29 percent. This is a 81.82 percent increase over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $150.20 million which beat the analyst consensus estimate of $146.41 million by 2.59 percent. This is a 34.01 percent increase over sales of $112.08 million the same period last year.