Veeco Reports First Quarter 2026 Financial Results
Veeco Instruments reported Q1 2026 revenue of $158.3 million, down from $167.3 million in Q1 2025, resulting in a GAAP net loss of $0.3 million compared to GAAP net income of $11.9 million in prior year. Non-GAAP net income was $8.9 million versus $22.2 million last year. The company highlighted strong order momentum driven by AI data centers and s…