News | Nov 06, 2024
Third Quarter 2024 Highlights:
• Revenue of $184.8 million, compared with $177.4 million in the same period last year
• GAAP net income of $22.0 million, or $0.36 per diluted share, compared with $24.6 million, or $0.42 per diluted share in the same period last year
• Non-GAAP net income of $28.3 million, or $0.46 per diluted share, compared with $31.0 million, or $0.53 per diluted share in the same period last year
Plainview, N.Y., November 6, 2024 — ӣɬ. (Nasdaq: VECO) today announced financial results for its third quarter ended September 30, 2024. Results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and are also reported adjusting for certain items (“Non-GAAP”). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.
ӣɬ is the industry leader driving HDD manufacturing to new levels of productivity.