2Q17 financial results-LEDinside

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Micro LED LED lighting Osram Macroblock

2017-08-10

Veeco Reports Continued Revenue Growth Despite Tumbling Shares

Process equipment provider Veeco reported on 3rd August its financial results in 2Q17. The company ended the second quarter with a solid revenue of USD 115.1 million, up 52.9% YoY. Yet, shares of the company slumped by 20% at 1 p.m. the next day after the financial announcement, as The Motley Fool carried in its report.

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