Veeco narrows Q4 EPS view 40c-45c from 35c-45c, consensus 41c

The company said, “We expect revenue for the fourth quarter of 2023 between $165 to $175 million, compared to our prior guidance of $155 to $175 million. GAAP earnings per diluted share for the fourth quarter of 2023 is expected to be between $0.27 and $0.32, while Non-GAAP diluted EPS is expected between $0.40 to $0.45, compared to our prior guidance of $0.35 to $0.45.” Revenue consensus $167.17M.