More on Veeco's Q4: Though bookings rose 8% Q/Q thanks to a surge in hard drive equipment orders, the company's book-to-bill ratio was a mere 0.75, thanks to a 40% Q/Q drop in LED and solar equipment orders. Veeco expects Q1 revenue of $115M-$140M and EPS of $0.14-$0.34, below a consensus of $153.9M and $0.41. It warns LED orders could be depressed for multiple quarters. VECO -6.3% AH. (PR)
More on Veeco's Q4: Though bookings rose 8% Q/Q thanks to a surge in hard drive equipment...
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Veeco Instruments Inc. |