Veeco Instruments Plunges 43% on Warning; President Quits - TheStreet

Veeco Instruments

(VECO) - Get Report

fell 43.4% in preopen

Island

trading after it said third-quarter earnings would be 18 to 22 cents per share, well under the Street estimate of 40 cents and the year-ago 29 cents.

The semiconductor equipment maker said its president and COO, Christine B. Whitman, resigned.