Veeco posts narrow Q2 loss

July 29, 2003 — Veeco Instruments Inc., a Woodbury, N.Y.-based provider of metrology tools and process equipment, reported a $1.1 million net loss for the second quarter, or 4 cents per share, versus a $1.6 million net loss for the period in 2002.

Second quarter revenues were $73.4 million, versus $77.3 million a year ago. Edward Braun, Veeco’s chairman and chief executive, said in a prepared statement that the company maintained or increased its market share in its core areas. Veeco’s stock was down $1.44 at $19.06 per share in early afternoon trading.


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