Veeco Instruments

Veeco Instruments, Inc. engages in the development, manufacture, sale and support of semiconductor process equipment. Its technologies consists of metal organic chemical vapor deposition, advanced packaging lithography, wet etch and clean, laser annealing, ion beam, molecular beam epitaxy, wafer inspection, and atomic layer deposition systems. The company was founded in 1989 and is headquartered in Plainview, NY.

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Veeco Instruments excels in Q4, eyes growth in semiconductor markets

Veeco Instruments delivered strong financial performance in Q4 2022, exceeding revenue guidance and gross margin expectations.
The acquisition of Epiluvac and focus on semiconductor markets position Veeco for growth in high-demand segments.
Challenges in maintaining profitability and tax rate considerations are areas of focus for Veeco in navigating future quarters.
Opportunities lie in innovation, market penetration, and leveraging acquisitions for revenue synergies and expansion.

Veeco Instruments exceeds Q1 targets, eyes semiconductor market growth

Veeco Instruments delivered strong Q1 results, surpassing revenue and non-GAAP operating income targets, driven by semiconductor product revenue growth.
While facing challenges in the compound semiconductor market and industry headwinds, Veeco remains optimistic about growth opportunities in key market segments.
Strategic focus on customer relationships, revenue diversification, and cost management positions Veeco well for long-term success and achieving its 2023 financial targets.
Maintaining a healthy cash position and pursuing innovation are crucial for Veeco to navigate challenges and capitalize on emerging opportunities in the semiconductor industry.

Veeco Instruments surpasses Q2 expectations, eyes semiconductor growth and AI opportunities

Veeco Instruments reported strong Q2 performance, exceeding revenue and earnings guidance. With a focus on semiconductor growth, AI applications, and compound semiconductors, Veeco is poised for expansion. Challenges in the hard disk drive industry are being offset by backlog orders, while the company maintains a strong financial position.

Veeco Instruments beats Q3 revenue targets, eyes growth opportunities

Veeco Instruments exceeded revenue expectations in Q3 2023, demonstrating strength in key business segments. The company's emphasis on advanced technologies and strategic investments bodes well for future growth, despite potential challenges in meeting high revenue guidance and navigating competitive markets.

Veeco Instruments Achieves Record Revenue in 2023, Eyes Semiconductor Growth

Veeco Instruments had a strong 2023, with a focus on Semiconductor revenue growth and innovative product launches. While facing challenges in Q1 revenue decline and quantum computing revenue timeline, the company remains optimistic about its technology offerings. Veeco's strategic focus on key growth areas and converting evaluation systems into production orders positions it well for future success.

Veeco Instruments excels in Q1 2024, eyes growth in advanced semiconductor solutions

Veeco Instruments' strong Q1 performance, focus on expanding markets, and investment in new technologies position them for continued growth. While challenges like maintaining gross margin exist, opportunities in advanced semiconductor solutions offer potential for future success.

Veeco Instruments excels in Q2, eyes growth in semiconductor markets

Veeco Instruments delivered strong Q2 results driven by the semiconductor business. While facing challenges with customer deposits, the company remains focused on expanding its market presence and driving revenue growth. With a tightened 2024 revenue guidance and a positive outlook on key markets, Veeco is poised for continued success.

Veeco Instruments excels in Q3, eyes growth amid challenges

Veeco Instruments demonstrated strong financial performance in Q3 2024, particularly in the semiconductor sector.
While facing challenges in China revenue and data storage, the company is poised for growth in 2025.
Strategic focus on innovative technologies and revenue diversification presents promising opportunities.
Investors can be optimistic about Veeco's performance and future growth prospects.

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Veeco Instruments, Inc. engages in the development, manufacture, sale, and support of semiconductor process equipment. Its technologies consist of metal organic chemical vapor deposition, advanced packaging lithography, wet etch and clean, laser annealing, ion beam, molecular beam epitaxy, wafer inspection, and atomic layer deposition systems. The company was founded in 1989 and is headquartered in Plainview, NY.

PLAINVIEW, N.Y., April 16, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its first quarter 2024 financial results after the market closes on Tuesday, May 7, 2024. The company will host a conference call to review these results starting at 5:00 PM ET that day.

Veeco Announces Date for First Quarter Financial Results and Conference Call

PLAINVIEW, N.Y., March 20, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today released its fifth Sustainability Report highlighting the Company's progress towards environmental, social, and governance (ESG) initiatives. This Sustainability Report, reflecting 2023 data, demonstrates the Company's continued progress and commitment to executing a robust sustainability strategy.

Veeco Releases Sustainability Report Highlighting Progress and Dedication to ESG Goals

Does Veeco Instruments (VECO) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Veeco Instruments (VECO) is a Great Choice

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Veeco (VECO) could produce exceptional returns because of its solid growth attributes.

Is Veeco (VECO) a Solid Growth Stock? 3 Reasons to Think "Yes"

Veeco Instruments, Inc. (VECO) Q4 2023 Earnings Call Transcript

Veeco Instruments (VECO) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.38 per share a year ago.

Veeco Instruments (VECO) Q4 Earnings and Revenues Surpass Estimates

Fourth Quarter 2023 Highlights: Revenue of $173.9 million, compared with $153.8 million in the same period last year GAAP net income of $21.6 million, or $0.37 per diluted share, compared with $128.9 million, or $2.00 per diluted share in the same period last year Non-GAAP net income of $29.8 million, or $0.51 per diluted share, compared with $21.9 million, or $0.38 per diluted share in the same period last year Fiscal Year 2023 Highlights: Revenue of $666.4 million, compared with $646.1 million in the same period last year GAAP net loss of $30.4 million, or $0.56 loss per diluted share, included a $97.1 million loss related to debt refinancing, compared with net income of $166.9 million, or $2.71 earnings per diluted share in the same period last year Non-GAAP net income of $98.3 million, or $1.69 per diluted share, compared with $89.6 million, or $1.57 per diluted share in the same period last year PLAINVIEW, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its fourth quarter and fiscal year ended December 31, 2023.

Veeco Reports Fourth Quarter and Fiscal Year 2023 Financial Results

From a technical perspective, Veeco Instruments (VECO) is looking like an interesting pick, as it just reached a key level of support. VECO recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

Veeco Instruments (VECO) Recently Broke Out Above the 20-Day Moving Average

Veeco (VECO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Veeco (VECO) Upgraded to Strong Buy: What Does It Mean for the Stock?

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PLAINVIEW, N.Y., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its fourth quarter and full-year 2023 financial results after the market closes on Wednesday, February 14, 2024. The company will host a conference call to review these results starting at 5:00pm ET that day.

Veeco Announces Date for Fourth Quarter and Full-Year 2023 Financial Results and Conference Call

Veeco (VECO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Veeco (VECO) Could Beat Earnings Estimates Again

Veeco Instruments (VECO) is a Great Momentum Stock: Should You Buy?

Veeco (VECO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Veeco Instruments Inc. (VECO) Soars to 52-Week High, Time to Cash Out?

Veeco (VECO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Veeco (VECO) Surges 5.1%: Is This an Indication of Further Gains?

PLAINVIEW, N.Y., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today has updated its financial guidance for the fourth quarter of 2023 and provided an initial 2024 outlook.

Veeco Updates Fourth Quarter 2023 Guidance and Provides Initial 2024 Outlook

PLAINVIEW, N.Y., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to present at the 26th Annual Needham Growth Conference at 11:45 AM ET on Wednesday, January 17, 2024, at the Lotte New York Palace Hotel in New York City, NY. Veeco management will also be available to meet in person with investors during the conference. Interested investors should contact their Needham representative to secure a meeting time.

Veeco Announces Upcoming Investor Event

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Is Veeco Instruments (VECO) Stock Outpacing Its Computer and Technology Peers This Year?

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IMGN, AQST, BUR, GWRE and VECO have been added to the Zacks Rank #1 (Strong Buy) List on November 16, 2023.

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Veeco Instruments, Inc. (NASDAQ:VECO ) Q3 2023 Earnings Conference Call November 6, 2023 5:00 PM ET Company Participants Anthony Pappone - Head of IR William Miller - Chief Executive Officer John Kiernan - Senior Vice President and Chief Financial Officer Conference Call Participants Charles Shi - Needham Brian Lee - Goldman Sachs Thomas O'Malley - Barclays Gus Richard - Northland Capital David Duley - Steelhead Securities Mark Miller - Benchmark Operator Good afternoon, and welcome to the Veeco Instruments Q3 2023 Earnings Call. Today's conference is being recorded Now at this time, I would like to turn the conference over to Anthony Pappone, Head of Investor Relations.

Veeco Instruments, Inc. (VECO) Q3 2023 Earnings Call Transcript

Third Quarter 2023 Highlights: Revenue of $177.4 million, compared with $171.9 million in the same period last year GAAP net income of $24.6 million, or $0.42 per diluted share, compared with $15.0 million, or $0.27 per diluted share in the same period last year Non-GAAP net income of $31.0 million, or $0.53 per diluted share, compared with $26.0 million, or $0.45 per diluted share in the same period last year PLAINVIEW, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its third quarter ended September 30, 2023.

Veeco Reports Third Quarter 2023 Financial Results

Introduction of the NSA500 Nanosecond Annealing System Represents a Significant Opportunity for Veeco to Expand its Served Available Market to a Broad Range of New Laser Annealing Applications Introduction of the NSA500 Nanosecond Annealing System Represents a Significant Opportunity for Veeco to Expand its Served Available Market to a Broad Range of New Laser Annealing Applications

Veeco Ships First Nanosecond Annealing System to a Tier 1 Logic Customer

PLAINVIEW, N.Y., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its third quarter 2023 financial results after the market closes on Monday, November 6, 2023. The company will host a conference call to review these results starting at 5:00 PM ET that day.

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