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flag Veeco Instruments updates FY 2024 earnings guidance, projecting Q4 EPS between $0.36 and $0.44.

flag 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. flag Revenue for Q4 is projected between $175 million and $185 million. flag The company's latest earnings report showed a 4.2% revenue increase and $0.46 EPS, beating analyst expectations. flag 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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