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., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced plans to expand its manufacturing capabilities in San Jose, California to meet growing demand for its advanced laser annealing technology that serves the world's leading semiconductor technology companies. Veeco's new, SEMI-compliant facility will serve as the company's center of excellence for the development and production of laser annealing and advanced packaging lithography systems for semiconductor applications.

Veeco Announces Capacity Expansion Plan for Laser Annealing Technology That Serves the World's Leading Semiconductor Customers

Veeco Instruments Inc.'s (VECO) CEO Bill Miller on Q4 2020 Results - Earnings Call Transcript

Veeco (VECO) delivered earnings and revenue surprises of -3.23% and 7.49%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Veeco Instruments (VECO) Lags Q4 Earnings Estimates

Shares of Veeco Instruments (NASDAQ:VECO) moved lower in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 172.73% over the past year to $0.30, which were in line with the estimate of $0.30.

Recap: Veeco Instruments Q4 Earnings

Veeco Reports Fourth Quarter and Fiscal Year 2020 Financial Results

PLAINVIEW, N.Y., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its fourth quarter and full year 2020 financial results after the market closes on Thursday, February 11, 2021. 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 Year-End 2020 Financial Results and Conference Call

Veeco (VECO) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

Veeco (VECO) Surges: Stock Moves 6.7% Higher

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PLAINVIEW, N.Y., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that Transphorm, Inc. (OTCQB:TGAN), a global supplier of gallium nitride (GaN) products for high voltage power conversion applications, has selected Veeco's Propel™ HVM MOCVD System for high-volume production of GaN-based RF (DoD and Commercial/5G) and power electronics Epiwafers.  The Veeco system is an excellent fit for Transphorm's Epi sales business, and purchased under a US DoD Office of Naval Research (ONR) contract N68335-19-C-0107 from an OUSD (R&E) TAM/MINSEC program to establish a US based dedicated production source of GaN Epitaxy for high performance RF and millimeter-wave electronics. The system was selected for its capability to deliver cutting-edge process at high-throughput and the lowest cost per wafer compared to other MOCVD systems.  

Global Semiconductor Company Selects Veeco MOCVD Platform for GaN-Based Power Electronic and 5G RF Devices

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Veeco Instruments (VECO) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Veeco Instruments (VECO)

PLAINVIEW, N.Y., Nov. 12, 2020 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (“Veeco”) (NASDAQ: VECO) today announced that it has entered into a privately negotiated exchange agreement under which it will retire $125.0 million in aggregate principal amount of Veeco's outstanding 2.70% Convertible Senior Notes due 2023 (the “Original Notes”) in exchange for the issuance of $132.5 million in aggregate principal amount of Veeco's new 3.50% Convertible Senior Exchange Notes due 2025 (the “New Notes”) and a cash payment to the holder in the amount of $1.1 million in respect of accrued and unpaid interest on the Original Notes to be exchanged. Following the exchange transaction, $131.7 million in aggregate principal amount of the Original Notes will remain outstanding with the terms unchanged.

Veeco Announces Exchange Transaction to Retire $125 Million of Its 2.70% Convertible Senior Notes Due 2023

Veeco delivered in-line revenue for the third quarter, but with significantly better margins, and management's outlook/guidance for the fourth quarter and 2021 were positive. With the best quarterly margin in five years, the margin/profit improvement story at Veeco (on lower revenue) hasn't gotten enough credit.

The Gap Between Veeco's Improving Outlook And Market Perception Is Too Wide

Veeco Instruments Inc. (VECO) CEO Bill Miller on Q3 2020 Results - Earnings Call Transcript

Veeco (VECO) delivered earnings and revenue surprises of 22.22% and 2.20%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Veeco Instruments (VECO) Tops Q3 Earnings and Revenue Estimates

Shares of Veeco Instruments (NASDAQ:VECO) moved higher by 1.4% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share increased 340.00% year over year to $0.22, which beat the estimate of $0.20.

Recap: Veeco Instruments Q3 Earnings

PLAINVIEW, N.Y., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Veeco Instruments Inc . (NASDAQ: VECO) today announced that OSRAM Opto Semiconductors , a leading manufacturer of optoelectronic components, has qualified Veeco's Lumina® MOCVD System for production of high-end LEDs and to drive the next generation of advanced photonic devices.

OSRAM Selects Veeco's Lumina MOCVD System for High-End LED Production and to Drive Next Generation Products

Veeco Reports Third Quarter 2020 Financial Results

Veeco (VECO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Veeco Instruments (VECO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Propel™ Platform First 300mm System with EFEM Designed for Advanced Display Applications Propel™ Platform First 300mm System with EFEM Designed for Advanced Display Applications

Aledia Selects Veeco's 300mm MOCVD Platform for Microled and Advanced Display Applications

PLAINVIEW, N.Y., Oct. 14, 2020 (GLOBE NEWSWIRE) -- Veeco Instruments Inc . (NASDAQ: VECO) today announced that A-Pro Semicon, Co., Ltd , a subsidiary of A-Pro’s semiconductor business based in Korea, has selected Veeco’s Propel ™ HVM MOCVD system for the development and production of GaN-based power and 5G RF semiconductor devices. The Propel HVM MOCVD system was selected for its excellent uniformity, operational efficiency and proven performance for high volume production.

A-Pro Semicon Chooses Veeco’s Propel HVM MOCVD Platform for the Development of GaN Power Semiconductor and 5G RF Devices

PLAINVIEW, N.Y., Oct. 07, 2020 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its third quarter 2020 financial results after the market closes on Tuesday, October 27, 2020. The company will host a conference call to review these results starting at 5:00pm ET that day.

Veeco Announces Date for Third Quarter 2020 Financial Results and Conference Call

PLAINVIEW, N.Y., Aug.  12, 2020  (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that IHP Microelectronics, based in Frankfurt, Germany, has selected Veeco’s TurboDisc® metal organic chemical vapor deposition (MOCVD) system for the development of high-performance, silicon-based microelectronic technologies. IHP is an expert in the fields of silicon-based systems, highest-frequency integrated circuits, and technologies for wireless and broadband communication.

Leading European Research Institute Chooses Veeco MOCVD Platform for Wireless and Broadband Communication Applications

Veeco Starting To Look A Little More Interesting On Data Center And Margin Strength

News for Veeco Instruments Stock (VECO)