Veeco Instruments Inc. (VECO)

Veeco Instruments’ fiscal second quarter of 2026 results topped consensus on both the top and bottom line, with the company reporting on August 5, 2026 that adjusted EPS of $0.33 topped the $0.26 estimate (+28%) while revenue of $193.5 million topped the $180.1 million estimate (+7.4%). Revenue rose ~17% to about $193.5 million (up from roughly $166.1 million a year ago), supported by demand across its semiconductor manufacturing equipment and thin-film processing portfolio. Profitability was reflected in a gross margin of roughly 39% and an operating margin of about 6%, alongside gross profit of around $74.8 million and operating income of roughly $11.9 million. Net income edged up ~1% year over year to about $11.9 million (from roughly $11.7 million), even as adjusted EPS of $0.33 was down ~8% from $0.36 a year ago. The quarter generated operating cash flow of about $51.4 million. For the next period, consensus calls for EPS of $0.45 on revenue of $213.3 million.