Veeco Instruments Q1 2025: Revenue Declines to $167.3M, GAAP Net Income Drops to $11.9M, EPS Falls to $0.20
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Veeco Instruments Inc. reported Q1 2025 revenue of $167.3 million, down from $174.5 million year-over-year. GAAP net income fell to $11.9 million from $21.9 million, with diluted EPS at $0.20, down from $0.37. Non-GAAP net income was $22.2 million, compared to $26.4 million, with diluted EPS at $0.37, down from $0.45. The Semiconductor business saw growth, and the company received Intel’s 2025 EPIC supplier award. For Q2 2025, revenue is expected between $135 million and $165 million, with Non-GAAP EPS projected between $0.12 and $0.32.
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