Veeco Instruments Q4 Loss Widens - Quick Facts

(RTTNews) - Veeco Instruments Inc. (VECO) Wednesday reported fourth-quarter net loss of $22.1 million or $0.57 per share, wider than $8.6 million or $0.23 per share last year.

Adjusted net loss widened to $16.4 million or $0.42 per share from $3.5 million or $0.09 per share in the prior year quarter. On average, 14 analysts polled by Thomson Reuters expected a loss of $0.33 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues declined to $73.21 million from $106.85 million in the prior year. Wall Street expected revenues of $69.81 million.