Welcome to our dedicated page for Veeco Instrs Del news (Ticker: VECO), a resource for investors and traders seeking the latest updates and insights on Veeco Instrs Del stock.
Veeco Instruments Inc. (NASDAQ: VECO) is a prominent player in the process equipment technology sector. As a global leader, Veeco specializes in manufacturing and developing advanced thin-film process equipment. The company's innovative solutions are essential in the production of a wide array of electronic devices including LEDs, flexible OLED displays, power electronics, compound semiconductors, hard drives, MEMS, and wireless chips.
Veeco's product offerings are primarily categorized into markets such as lighting, display, and power electronics; advanced packaging; MEMS and RF; scientific and industrial; and data storage. The lighting, display, and power electronics market is particularly significant, contributing to over half of the company's total revenue.
Recent achievements underscore Veeco's strategic growth and innovation. The company has reported strong financial results, surpassing their guidance for both top and bottom lines. Major milestones include the introduction of the IBD300 System for advanced node applications in the semiconductor market and the shipment of the first Nanosecond Annealing system to a Tier 1 logic customer.
Veeco's CEO, Bill Miller, Ph.D., has highlighted the company’s successful expansion into the semiconductor market, emphasizing the delivery of multi-tool laser annealing orders and significant gains in market share. The company continues to drive innovation in energy efficiency and consumer electronics while enhancing productivity and reducing the cost of ownership for its customers.
Veeco operates a robust global presence with dedicated sales and service organizations across Asia, Europe, and North America. This worldwide network ensures comprehensive support for its diverse customer base.
For more information on Veeco Instruments Inc., including detailed product offerings and service support, please visit www.veeco.com.
Veeco Instruments (NASDAQ: VECO) will present at the 25th Annual Needham Growth Conference on January 10, 2023, at 4:30 PM ET, hosted at the Lotte New York Palace Hotel. Initially planned as a virtual event, management will now meet with investors in-person. The presentation will be live-streamed on Veeco's investor relations website, with a replay available for two weeks post-event. Veeco specializes in semiconductor process equipment and holds key technology positions in its sector.
Veeco Instruments (NASDAQ: VECO) will present at the 25th Annual Needham Virtual Growth Conference on January 10, 2023, at 4:30 PM ET. The management team will also hold one-on-one investor meetings during the conference. Interested investors are encouraged to reach out to their Needham representative for scheduling. The presentation will be broadcast live on Veeco's investor relations website, with a replay available for two weeks afterward. Veeco is an innovative manufacturer specializing in semiconductor process equipment, providing essential technologies for advanced semiconductor devices.
Veeco Instruments (NASDAQ: VECO) announced participation in several upcoming investor events. The company will present at the Three Part Advisors 2022 Southwest IDEAS Conference on November 16, 2022, in Dallas, TX, followed by the Wells Fargo TMT Summit on November 30, 2022, in Las Vegas, NV. Additionally, Veeco will engage in a fireside chat at the Barclays Conference on December 7, 2022, in San Francisco, CA. A virtual appearance at the Oppenheimer 5G Summit is scheduled for December 13, 2022. Investors can access webcasts and schedule one-on-one meetings with management.
Veeco Instruments reported a strong financial performance for Q3 2022, with revenues reaching $171.9 million, up from $150.2 million in Q3 2021. The GAAP net income was $15.0 million ($0.27 per share), compared to $9.0 million ($0.17 per share) last year. Non-GAAP net income increased to $26.0 million ($0.45 per share) from $20.5 million ($0.40 per share) in 2021. Veeco's growth was primarily driven by its laser annealing product line and systems for advanced packaging. However, Q4 2022 guidance anticipates revenues between $150 million and $170 million.
Veeco Instruments Inc. (NASDAQ: VECO) is set to announce its third quarter 2022 financial results following the market close on November 7, 2022. A conference call is scheduled for 5:00 PM ET to discuss the results. Participants can join by dialing 1-866-580-3963 or 1-786-697-3501, using password VECOQ32022. A live webcast will also be available on the company’s investor relations page. For more information on Veeco's operations in semiconductor manufacturing, visit their website.
Veeco Instruments (NASDAQ: VECO) has announced its participation in several upcoming investor events. Key highlights include:
- Oppenheimer Virtual Technology Conference on August 10, 2022, with management presenting at 8:15 AM ET.
- Needham Virtual Semiconductor Conference on August 25, 2022, for one-on-one meetings.
- Jefferies Summit on August 30, 2022, in Chicago, Illinois, also offering one-on-one meetings.
- Deutsche Bank's Technology Conference on August 31, 2022, in Las Vegas, Nevada, with similar meeting opportunities.
Veeco Instruments Inc. reported strong Q2 2022 results with revenues of $164.0 million, an increase from $146.3 million year-over-year. GAAP net income rose to $9.7 million or $0.18 per diluted share compared to $6.3 million or $0.12 per diluted share in Q2 2021. Non-GAAP net income also improved, standing at $20.0 million or $0.35 per diluted share. The semiconductor sector drove growth, supported by new technologies and increased manufacturing capabilities. For Q3 2022, revenue guidance is $160 million to $180 million with GAAP EPS between $0.14 to $0.30.
Veeco Instruments Inc. (NASDAQ: VECO) is set to report its Q2 2022 financial results on August 8, 2022, after market close. A conference call will be held at 5:00 PM ET to discuss the results. Investors can participate by calling 1-888-220-8474 or 1-646-828-8193, using passcode 6606156. A live webcast will also be available on Veeco's investor relations page, with a replay starting at 8:00 PM ET the same day.
Veeco is known for its semiconductor process equipment, contributing to the fabrication and packaging of advanced semiconductor devices.
Veeco Instruments reported strong Q1 2022 results, with revenues of $156.4 million, up 17% from $133.7 million in Q1 2021. GAAP net income rose to $13.3 million ($0.24 per diluted share) from $2.5 million ($0.05 per diluted share) last year. Non-GAAP net income also increased to $21.7 million ($0.38 per diluted share) compared to $12.6 million ($0.25 per diluted share) in Q1 2021. The company anticipates Q2 revenues between $150 million and $170 million.
Veeco Instruments Inc. (NASDAQ: VECO) has announced participation in several upcoming investor events. These include:
- Oppenheimer 7th Annual Emerging Growth Conference on May 10, 2022.
- Cowen 50th Annual Technology, Media & Telecom Conference on June 1, 2022.
- Baird 2022 Global Consumer, Technology & Services Conference on June 6, 2022.
- Stifel 2022 Cross Sector Insight Conference on June 8, 2022, featuring a live fireside chat at 8:00 AM ET.
Interested investors can contact their respective conference representatives to schedule one-on-one meetings.
FAQ
What is the current stock price of Veeco Instrs Del (VECO)?
What is the market cap of Veeco Instrs Del (VECO)?
What does Veeco Instruments Inc. specialize in?
Which markets does Veeco serve?
What recent innovations has Veeco introduced?
How does Veeco support its global customer base?
What is the significance of the lighting, display, and power electronics market for Veeco?
Who is the CEO of Veeco Instruments Inc.?
What are some of the key products of Veeco?
How has Veeco performed financially in recent quarters?
How does Veeco contribute to innovation in electronics?
Where can I find more information about Veeco Instruments Inc.?
