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Veeco Instrs Inc Del - VECO STOCK NEWS

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. (VECO) is a leader in advanced semiconductor manufacturing equipment, specializing in thin-film process technologies critical for next-generation electronics. This page aggregates official announcements, financial updates, and strategic developments from the company.

Investors and industry professionals will find timely updates on quarterly earnings, product innovations like MOCVD systems and laser annealing solutions, plus strategic partnerships shaping the semiconductor sector. The curated news feed covers operational milestones, technology patents, and market expansion initiatives.

Key content categories include financial performance reports, equipment launch announcements, manufacturing process breakthroughs, and executive leadership updates. All materials are sourced directly from Veeco's investor relations communications and verified industry publications.

Bookmark this page for streamlined access to VECO's latest developments in compound semiconductor manufacturing, advanced packaging solutions, and global service network expansions. Check regularly for updates impacting the semiconductor equipment supply chain and related investment considerations.

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Veeco Instruments (NASDAQ: VECO) will host a virtual analyst event on September 9, 2021, at 10:00 AM ET. The event aims to present a comprehensive growth strategy, end-market overview, and financial model from its executive leadership team. The session will last around two hours, with a live video webcast available on Veeco's Investor Relations website. Participants are encouraged to pre-register for the event. Following the presentation, a replay will be accessible from the same site.

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Veeco Instruments Inc. (NASDAQ: VECO) has appointed Sujeet Chand, Ph.D., to its Board of Directors to enhance board diversity and leadership. Dr. Chand, 63, brings over 30 years of technology leadership, currently serving as Senior VP and CTO of Rockwell Automation. His experience includes key roles at XAP Corporation and Rockwell Scientific Company. CEO William J. Miller emphasized that Dr. Chand's unique background will foster innovation and creativity, benefitting shareholders. Veeco specializes in semiconductor process equipment, enhancing performance and cost efficiency.

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Veeco Instruments Inc. (NASDAQ: VECO) announced that its management will present at the Oppenheimer Technology Internet & Communications Conference on August 11, 2021, at 9:55 AM EDT. The presentation will be available via live broadcast and can be accessed on Veeco's investor relations website. A replay will be available for at least two weeks following the event. Additionally, management will hold one-on-one meetings with investors during the conference, requiring interested parties to contact their Oppenheimer representative to arrange a meeting.

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Veeco Instruments reported solid financial results for Q2 2021, achieving revenues of $146.3 million, up from $98.6 million year-over-year. The company posted a GAAP net income of $6.3 million, a significant turnaround from a loss of $8.3 million in Q2 2020. Non-GAAP net income also rose to $17.9 million compared to $5.5 million last year. Looking ahead, Veeco anticipates Q3 revenues between $135 million and $155 million and EPS guidance in the range of $0.02 to $0.20 (GAAP).

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Veeco Instruments Inc. (NASDAQ: VECO) will announce its second quarter 2021 financial results after market close on August 3, 2021. A conference call to discuss these results is scheduled for 5:00 PM ET. Participants can join by calling 1-866-248-8441 or via a live webcast at ir.veeco.com. Veeco, an innovative manufacturer of semiconductor process equipment, focuses on technologies integral to the fabrication of advanced semiconductor devices.

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Veeco Instruments Inc (NASDAQ: VECO) announced a multi-system order for its AP300™ Lithography System from a leading semiconductor assembly and testing company. This order supports the production of advanced packaging chips to meet rising demand for 5G and high-performance computing applications. The AP300 systems were chosen for their exceptional uptime, performance, and lower total cost of ownership, reflecting increasing market demand for Veeco's lithography solutions.

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Veeco Instruments (NASDAQ: VECO) has announced its participation in multiple upcoming virtual investor events. These include the Oppenheimer 6th Annual Emerging Growth Conference on May 11, 2021, Cowen Annual Technology, Media & Telecom Conference on June 1, and the Stifel 2021 Cross Sector Insight Conference on June 9, where management will present at 12:00 PM ET. Additionally, Veeco will participate in the CEO Investor Summit on June 15. Interested investors can request one-on-one meetings via respective conference representatives. For more details, visit Veeco's investor relations page.

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Veeco Instruments reported strong first quarter 2021 results with revenues of $133.7 million, up from $104.5 million year-over-year. GAAP net income reached $2.5 million or $0.05 per diluted share, a significant recovery from a loss of $0.6 million in Q1 2020. Non-GAAP net income improved to $12.6 million, or $0.25 per diluted share. Veeco's revenue growth was driven by semiconductor and data storage products, and the company is investing in a new manufacturing facility to support customer demand. Guidance for Q2 2021 predicts revenue between $125 million and $145 million.

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Veeco Instruments Inc. (NASDAQ: VECO) is set to release its Q1 2021 financial results post-market on May 4, 2021. The company will conduct a conference call at 5:00 PM ET to discuss these results. Interested parties can join the call via telephone at 1-800-437-2398 or 1-929-477-0577, using passcode 4450990, or access a live webcast on Veeco's investor relations page. A replay will be available from 8:00 PM ET that evening. Veeco is known for its advanced semiconductor process equipment, optimizing performance and cost efficiency.

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Veeco Instruments Inc. (NASDAQ: VECO) has announced plans to expand its manufacturing capabilities in San Jose, California, to meet the growing demand for its laser annealing technology. The new SEMI-compliant facility will focus on developing and producing advanced packaging lithography systems for semiconductor applications. With approximately 70,000 square feet dedicated to manufacturing, the facility aims to enhance product development and efficiency. Capital expenditures for this project are estimated between $30 million and $40 million over the next two years, with the lease lasting through 2037.

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Veeco Instrs Inc Del

Nasdaq:VECO

VECO Rankings

VECO Stock Data

1.04B
56.49M
2.39%
106.5%
9.37%
Semiconductor Equipment & Materials
Special Industry Machinery, Nec
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United States
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