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VEECO INSTRUMENTS INC (VECO) filed an 8-K current report with the SEC on May 5, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 results covered quarter ended March 31, 2026.
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Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 results covered quarter ended March 31, 2026
- Earnings release issued May 5, 2026
- Presentation and press release furnished as Exhibits 99.1 and 99.2
- Investor focus: financial details and management commentary in the exhibits and conference call
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue fell to $158.3M from $167.3M, while GAAP net income swung to a $0.3M loss from $11.9M profit
- Gross margin contracted to 35.3% from 40.9%, with operating loss of $2.7M versus $14.1M operating income
- Non-GAAP EPS declined to $0.14 from $0.37, despite $8.6M non-GAAP operating income
- Q2 guidance implies revenue recovery to $170M-$190M and non-GAAP EPS of $0.20-$0.32
- FY2026 outlook unchanged at $740M-$800M revenue and $1.50-$1.85 non-GAAP EPS, supporting management’s AI and silicon-photonics growth thesis
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