Veeco Instruments Inc. reports developments in semiconductor process equipment used in advanced device fabrication and packaging. The company designs, develops and manufactures laser annealing, ion beam, metal organic chemical vapor deposition (MOCVD), single-wafer etch and clean, lithography and related thin-film processing systems.
Recurring news includes customer equipment orders for Spector Ion Beam Deposition, Lumina MOCVD and WaferEtch Wet Processing systems, including applications in indium phosphide lasers, silicon photonics and optical transceivers for data-center communications. Updates also cover quarterly and annual financial results, management conference participation and other material corporate disclosures tied to orders, manufacturing demand and operating performance.
Veeco Instruments (VECO) reported third-quarter 2026 revenue of $209.4 million, up from the same period last year. GAAP net income rose to $13.6 million from $10.6 million, with diluted earnings per share increasing to $0.21 from $0.17. Adjusted net income reached $24.1 million versus $21.8 million, while adjusted diluted EPS remained $0.36. GAAP gross margin fell to 38.4% from 40.8%.
Veeco expects fourth-quarter revenue of $230 million to $260 million and GAAP diluted EPS of $0.34 to $0.53. Its revised full-year outlook calls for revenue of $790 million to $820 million and GAAP diluted EPS of $0.72 to $0.92. The company believes it is positioned to exceed $1 billion in 2027 revenue, citing greater visibility and manufacturing-capacity investments. Nine-month GAAP net income declined to $25.168 million from $34.276 million despite higher sales.
Axcelis Technologies (ACLS) and Veeco Instruments (VECO) now expect their all-stock merger to close by the end of the first quarter of 2027.
Completion remains subject to closing conditions, including pending approval from China's State Administration for Market Regulation (SAMR). The companies continue working with SAMR to obtain clearance. With the current U.S. antitrust clearance nearing expiry, the parties plan to promptly make a new submission under the Hart-Scott-Rodino Act. Closing also requires the waiting period for that new submission to expire or be terminated early.
At closing, each Veeco common share will convert into 0.3575 Axcelis shares. The expected closing timeline is not assured.
Veeco Instruments (VECO) plans to release its third quarter 2026 financial results after the market closes on November 4, 2026. A conference call to review the results is scheduled for 5:00 PM ET that day, with a live webcast on its investor relations website. A webcast replay will be available beginning at 8:00 PM ET that evening.
Veeco (NASDAQ: VECO) announced that management will participate in several upcoming investor conferences. These include Needham’s 7th Annual Virtual Semiconductor & SemiCap 1x1 Conference on August 19, 2026, Jefferies’ 2026 Semiconductor, IT Hardware & Communications Technology Conference on August 25, 2026 in Chicago, Citi’s 2026 Global Tech/Media/Telecom (TMT) Conference on September 9, 2026 in New York, and StoneX’s 2026 TMT Conference on September 10, 2026 in New York.
Veeco describes itself as a manufacturer of semiconductor process equipment, providing laser annealing, ion beam, MOCVD, single wafer etch & clean, and lithography technologies used in advanced semiconductor device fabrication and packaging.
Veeco (NASDAQ: VECO) announced that a global leader in optical and photonic technologies has ordered its LUMINA®+ MOCVD system to manufacture indium phosphide (InP) lasers for datacom optical transceivers. This extends LUMINA+ adoption across major arsenide and phosphide epitaxial applications, including the rapidly growing InP laser market.
Veeco highlights that LUMINA+ offers the largest As/P batch size in the MOCVD market, best-in-class throughput and low cost per wafer, enabled by TurboDisc technology. According to LightCounting, the optical transceiver market is projected to reach $39 billion in 2026, up 53% from 2025, supporting demand for expanded InP laser capacity.
Veeco (Nasdaq: VECO) reported second quarter 2026 revenue of $193.5 million, up from $166.1 million in Q2 2025. GAAP net income was $11.9 million, or $0.18 per diluted share, versus $11.7 million, or $0.20, a year earlier. Non-GAAP net income was $21.8 million, or $0.33 per diluted share, compared with $21.5 million, or $0.36, in Q2 2025. Non-GAAP operating income was $23.1 million, essentially flat year over year.
According to Veeco, AI-driven demand supported robust orders and visibility into 2027. For Q3 2026, Veeco expects revenue of $200–$220 million, GAAP diluted EPS of $0.20–$0.34, and non-GAAP diluted EPS of $0.35–$0.49. Revised full-year 2026 guidance calls for revenue of $780–$810 million, GAAP diluted EPS of $0.78–$1.02, and non-GAAP diluted EPS of $1.36–$1.61. Cash and cash equivalents rose to $214.5 million and total assets to $1.41 billion at June 30, 2026.
Veeco (NASDAQ: VECO) will release its second quarter 2026 financial results after market close on Wednesday, August 5, 2026, followed by a conference call at 5:00 PM ET. Investors can join via phone at 1-877-407-8029 / 1-201-689-8029 or through a live webcast on Veeco's investor relations website, where a replay will be available from 8:00 PM ET the same day.
Veeco (NASDAQ: VECO) announced that Ennostar has completed commercial acceptance and qualification of Veeco’s new LUMINA+ MOCVD system for high-volume arsenide and phosphide (As/P) production. The tool features the industry’s largest-capacity As/P reactor and high throughput, targeting advanced optoelectronic applications such as microLED displays.
Veeco (NASDAQ: VECO) received a follow-on order for its NSA500 nanosecond annealing system from a leading logic customer after successful evaluation and tool acceptance. Veeco also shipped an NSA500 to a third advanced logic customer for evaluation.
The follow-on system is expected to ship in 2H 2026, and the third customer’s evaluation is expected to complete in 2027 with potential initial high-volume manufacturing orders, underscoring growing NSA500 adoption in advanced semiconductor manufacturing.
Veeco (NASDAQ: VECO) announced management participation in several investor conferences in May and June 2026. Events include TD Cowen, Stifel, Mizuho, and Northland Growth conferences, held in New York, Boston, and virtually, offering investors opportunities to hear Veeco's latest updates.