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Veeco Instruments Inc   (VECO)
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EARNINGS REPORT by CSIMarket

Redemption of Losses, Single Digit Topline Growth

Veeco Instruments Inc announced first quarter 2020 operating profit of $4.567 millions

Veeco Instruments Inc announced earnings per share of $-0.01 and Sales of $113 millions in the first quarter 2020, Company's decreased loss per share, versus $-0.40 eps, earned in the same quarter a year ago, although Veeco Instruments Inc saw it's Sales rise by 5.16 % in the same period.

Sales deteriorated by -7.69 % from $113 millions in preceding period, improved from $-0.68 per share.

In the first quarter 2020 Veeco Instruments Inc reported net loss of $-0.567 million, instead of deficit of $-18.530 millions in the same quarter a year ago.


Veeco Instruments Inc is expected to report next financial results on August 03, 2020.


    Recently Reported Results
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Deficit Bigger Than a Year Ago, Sales Down Slightly

Weakening demand led to deficit in the fourth quarter, Sales fell by -2.02% to $0.25 millions and loss per share was at $-0.11 compared to $0.01 per share realized in quarter a year ago.

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factory_night_long_exposure_industry_power_industrial_energy_global-589754 Industrial production

The output of the nation's factories, mines and utilities fell in March by -5.9 %

Fed reported declining U.S. Industrial production in March, as the demand for industrial goods softens.

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Break-even, Sales more than Double

Umatrin Holding Ltd announced earnings per share of $-0.00 and Sales of $0.31 millions in the fourth quarter, Company's reached break-even per share, versus $-0.00 eps, earned in the same quarter a year ago, although Umatrin Holding Ltd saw it's Sales rise by 128.76% in the same period.

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Global Tech Industries Group Inc announced fourth quarter operating deficit of $-0.846682 millions

In the fourth quarter Global Tech Industries Group Inc reached break-even of $-0.00 per share compared to $-0.01 a year ago and from $0.00 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Logged a Loss but Revenues Unchanged

In the second quarter Notox Technologies Corp lost money of $-0.01 per share compared to $-0.01 a year ago and from $0.00 per share from the previous quarter.

Sales remained unchanged to $0.77 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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In December Retail inventories continued to fell


workout_By_Nnu-12-22100541Tracy_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Productivity


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Wages up 10.5 % in April spending ebbs

Americans cut back on spending in April and used a hefty increase in wages to pad their savings accounts, government data showed.

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Company Fail to Break-even Despite Surge in Sales

Grey Cloak Tech Inc announced very strong Sales growth of 1697.68% year on year to $0.27 millions in the third quarter, but lost money at $-0.01.

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Despite Surge in Sales Profitability not Reached

International Stem Cell Corp announced in the fourth quarter surge in Sales by 27.62% to $2.84 millions from the same quarter a year ago, but it has increased losses at $-0.36 per share.

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Applied Minerals Inc announced fourth quarter operating deficit of $-1.003577 millions

Applied Minerals Inc announced earnings per share of $-0.01 and Sales of $0.05 millions in the fourth quarter, Company's loss increased per share, versus $0.02 eps, earned in the same quarter a year ago, although Applied Minerals Inc saw it's Sales rise by 91.21% in the same period.

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Despite Strong Sales Profitability not Reached

Although company's Sales increased by 12.96% from the same quarter a year ago to $74.71 millions in the fourth quarter, E L F Beauty Inc lost money at $-0.01 loss per share.

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Fresh Promise Foods Inc announced first quarter operating loss of $-0.075674 millions

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Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $-0.02 millions.

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Dixie Group Inc announced first quarter operating loss of $-1.336 millions

Lower demand led to lower revenues and higher loss, in the first quarter company lost money to $-0.18 per share, while Sales fell by -9.06% to $80.58 millions, year on year.

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Other VECO's Earnings Reports

Veeco Instruments Inc reported fourth quarter 2019 earnings

Veeco Instruments Inc reported third quarter 2019 earnings

Veeco Instruments Inc reported second quarter 2019 earnings

       
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