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.

Earnings data Q1 2021

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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.

Veeco delivered solid year-on-year and sequential growth in the third quarter, with revenue and EPS at the high end of its guidance range. Veeco operates in three end-markets that are analyzed in this article and I show strong drivers for continued revenue and stock growth.

Veeco: A Resurgence Of Growth

PLAINVIEW, N.Y., Dec. 16, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (“Veeco”) (NASDAQ: VECO) today announced that it has entered into a senior secured revolving credit facility (the “Facility”). The Facility enables the company to borrow up to $150 million over a 5-year term which expires in December of 2026.

Veeco Announces New $150 Million Senior Secured Credit Facility

PLAINVIEW, N.Y., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced they have shipped the first LSA101 Laser Spike Annealing System from their new San Jose, California facility to a leading semiconductor manufacturer. Veeco's new, SEMI-compliant facility serves as the company's center of excellence for the development and production of laser annealing and advanced packaging lithography systems for semiconductor applications.

Veeco Ships First Laser Annealing System From New San Jose Manufacturing Facility Designed to Serve the Semiconductor Market

Veeco Instruments Inc. (VECO) CEO Bill Miller on Q3 2021 Results - Earnings Call Transcript

Veeco (VECO) delivered earnings and revenue surprises of 14.29% and 2.46%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Veeco Instruments (VECO) Surpasses Q3 Earnings and Revenue Estimates

Veeco Reports Third Quarter 2021 Financial Results

PLAINVIEW, N.Y., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today released its second Sustainability Report, highlighting activity related to Environmental, Social and Governance (ESG) efforts and showcasing the Company's commitment to improvements in these areas. Veeco's inaugural Sustainability Report was issued in 2020.

Veeco Releases Sustainability Report

PLAINVIEW, N.Y., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its third quarter 2021 financial results after the market closes on Tuesday, November 2, 2021. The company will host a conference call to review these results starting at 5:00pm ET that day.

Veeco Announces Date for Third Quarter 2021 Financial Results and Conference Call

SCOTTS VALLEY, Calif.--(BUSINESS WIRE)-- #B2Bpayments--Scott Bennion joins Paystand as the company's first-ever CFO.

Paystand Announces Scott Bennion as Company's First-Ever Chief Financial Officer

Veeco (VECO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Veeco (VECO) Upgraded to Strong Buy: Here's What You Should Know

PLAINVIEW, N.Y., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) announced today they will host a virtual analyst event on Thursday, September 9. Members of Veeco's executive leadership team will present a detailed growth strategy, an overview of end-markets and technologies, a go-to-market plan and a financial model.

Veeco to Host Virtual Analyst Event on September 9, 2021

Veeco posted another beat-and-raise quarter, with a record quarter for Data Storage and a near-record for Semiconductor on strong equipment demand for chip and disk drive manufacturing tools. Data Storage could soften in 2022 as drive companies "digest" recent capacity expansion, but there are growth opportunities across Semiconductor and Compound Semiconductor, including packaging, LSA, and MOCVD.

Veeco Instruments Leveraging Increased Demand Well, But The Market Doesn't Care

PLAINVIEW, N.Y., Aug. 19, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) recently announced the appointment of Sujeet Chand, Ph.D., to its Board of Directors. In addition to his vast industry experience and leadership qualities, Dr. Chand was identified through a search process in connection with the Board's desire for increased diversity.

Veeco Appoints Dr. Sujeet Chand to Its Board of Directors

PLAINVIEW, N.Y., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to present at the Oppenheimer Technology Internet & Communications Conference on Wednesday, August 11, 2021 at 9:55 AM EDT. This presentation, in fireside chat form, will be broadcast live and can be accessed via the investor relations section of Veeco's website at ir.veeco.com . A webcast replay will be made available on the website for a minimum of two weeks following the original date. Veeco management will be available to meet one-on-one with investors during the conference. Interested investors should contact their Oppenheimer representative to secure a meeting time.

Veeco Announces Participation in Oppenheimer Technology Internet & Communications Conference

Veeco Instruments' (VECO) CEO Bill Miller on Q2 2021 Results - Earnings Call Transcript

Veeco (VECO) delivered earnings and revenue surprises of 29.63% and 6.93%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Veeco Instruments (VECO) Tops Q2 Earnings and Revenue Estimates

Veeco Reports Second Quarter 2021 Financial Results

Veeco Instruments (VECO) has been struggling lately, but the selling pressure may be coming to an end soon.

Veeco Instruments (VECO) Sees Hammer Chart Pattern: Time to Buy?

Management's lower gross margin guidance for Q2'21 has created some headwinds despite a pretty healthy revenue growth performance and outlook.

Weaker Margin Guidance Overshadowing Progress At Veeco Instruments

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Semiconductor Equipment Sell-Off Overdone: Jump on These 5 Stocks Now

PLAINVIEW, N.Y., May 10, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc . (NASDAQ: VECO) today announced that a world leader in semiconductor assembly and testing has placed a multi-system order for its AP300™ Lithography System for the production ramp of advanced packaging chips. The advanced packaging devices will be used to meet increasing demand for 5G system-on-a-chip, graphic processors (GPUs) and high performance computing applications.

World Leading Semiconductor Company Orders Veeco Lithography Systems for Advanced Packaging Production Ramp

Veeco Instruments Inc. (VECO) CEO Bill Miller on Q1 2021 Results - Earnings Call Transcript

Shares of Veeco Instruments (NASDAQ:VECO) were flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 13.64% year over year to $0.25, which beat the estimate of $0.23.

Veeco Instruments: Q1 Earnings Insights

Veeco Reports First Quarter 2021 Financial Results

PLAINVIEW, N.Y., April 16, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its first quarter 2021 financial results after the market closes on Tuesday, May 4, 2021. The company will host a conference call to review these results starting at 5:00pm ET that day.

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