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Veeco Instruments updates FY 2024 earnings guidance, projecting Q4 EPS between $0.36 and $0.44.
Veeco Instruments, a semiconductor equipment maker, updated its FY 2024 earnings guidance to an EPS range of 1.070-1.260, with Q4 EPS expected between $0.36 and $0.44.
Revenue for Q4 is projected between $175 million and $185 million.
The company's latest earnings report showed a 4.2% revenue increase and $0.46 EPS, beating analyst expectations.
Veeco's CFO sold 2,500 shares, and the stock has a "Moderate Buy" consensus rating with a $39.71 target price.
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Veeco Instruments actualiza guía de ganancias FY 2024, proyectando Q4 EPS entre $0.36 y $0.44.