Veeco’s 4th-qtr profit soars as revenue more than doubles, but 1Q outlook misses Street views
PLAINVIEW, N.Y. (AP) — Veeco Instruments Inc. said Monday its fourth-quarter profit jumped as the company benefited from a hefty one-time gain, and revenues more than doubled.
But its forecast for first-quarter revenue and earnings fell short of Wall Street expectations and the company’s stock fell in extended trading. Read the article at Yahoo Finance