Veeco Instruments Inc. reported its second-quarter 2025 financial results, with revenue of $150.0 million. GAAP net income for the quarter was $11.7 million, or $0.20 per diluted share. Non-GAAP net income was $19.0 million, or $0.32 per diluted share.
Bill Miller, Veeco’s Chief Executive Officer, stated that the company's strong financial results were fueled by rapid expansion of High-Performance Computing (HPC) and AI technologies. This performance was driven by shipments of wet processing and lithography systems for Advanced Packaging, as well as Ion Beam Deposition systems for EUV mask blanks.
For the third quarter of 2025, Veeco provided guidance expecting revenue between $150 million and $180 million. Non-GAAP diluted EPS is projected between $0.25 and $0.35. This guidance indicates continued performance, reinforcing the company's strategic focus on high-growth semiconductor segments.
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