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Veeco Instruments Inc - VECO STOCK NEWS

Welcome to our dedicated news page for Veeco Instruments (Ticker: VECO), a resource for investors and traders seeking the latest updates and insights on Veeco Instruments.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Veeco Instruments's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Veeco Instruments's position in the market.

News
Veeco Announces Date for First Quarter Financial Results and Conference Call
Rhea-AI Summary
Veeco Instruments Inc. (NASDAQ: VECO) is set to announce its first quarter 2024 financial results on May 7, 2024, followed by a conference call to discuss the results. Participants can join the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.76%
Tags
earnings
-
News
Veeco Releases Sustainability Report Highlighting Progress and Dedication to ESG Goals
Rhea-AI Summary
Veeco Instruments Inc. released its fifth Sustainability Report, showcasing progress in environmental, social, and governance initiatives. The report reflects 2023 data and emphasizes the company's dedication to sustainability, including reducing carbon footprint, promoting diversity, using renewable energy, and community engagement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.51%
Tags
none
-
News
Veeco Reports Fourth Quarter and Fiscal Year 2023 Financial Results
Rhea-AI Summary
Veeco Instruments Inc. announced financial results for Q4 2023 and FY 2023, with revenue of $173.9 million in Q4 and $666.4 million for the year. GAAP net income was $21.6 million in Q4, while non-GAAP net income was $29.8 million. For FY 2023, GAAP net loss was $30.4 million, including a loss related to debt refinancing, and non-GAAP net income was $98.3 million. The CEO highlighted the Semiconductor business's performance and future growth prospects. Guidance for Q1 2024 includes revenue in the range of $160 million to $180 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
earnings
News
Veeco Announces Date for Fourth Quarter and Full-Year 2023 Financial Results and Conference Call
Rhea-AI Summary
Veeco Instruments Inc. (NASDAQ: VECO) will release its Q4 and full-year 2023 financial results on February 14, 2024. A conference call will be held at 5:00pm ET on the same day to review the results. Participants can join the call by dialing 1-877-407-8029 or accessing the live webcast on Veeco's investor relations website. A replay of the webcast will also be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags
earnings
-
News
Veeco Updates Fourth Quarter 2023 Guidance and Provides Initial 2024 Outlook
Rhea-AI Summary
Veeco Instruments Inc. updates its fourth quarter revenue guidance to $165 to $175 million and Non-GAAP diluted EPS between $0.40 to $0.45 cents. The initial 2024 revenue outlook is $680 to $740 million with Non-GAAP diluted EPS outlook between $1.60 to $1.90. The company will participate at the 26th Annual Needham Growth Conference to discuss these updates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
earnings
-
News
Veeco Announces Upcoming Investor Event
Rhea-AI Summary
Veeco Instruments Inc. (NASDAQ: VECO) management to present at the 26th Annual Needham Growth Conference. The presentation will be broadcast live and can be accessed on the investor relations section of Veeco's website at ir.veeco.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.48%
Tags
conferences
News
Veeco Ships First 300mm Ion Beam Deposition System to Tier 1 Memory Customer
Rhea-AI Summary
Veeco Instruments Inc. (VECO) has shipped its first IBD300™ Ion Beam Deposition System to a Tier 1 memory customer for evaluation, introducing a new deposition technology for advanced node applications. The IBD300 System has proven to achieve up to twenty percent lower film resistivity compared to conventional sputter deposition technologies, enabling memory manufacturers to scale their devices to meet future performance requirements. Veeco plans to ship a second system to another Tier 1 customer and expects initial high volume manufacturing orders as early as late 2024 or 2025, providing a significant opportunity to expand the company’s served available market into the deposition space in front-end Semi applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
none
-
News
Veeco Announces Upcoming Investor Events
Rhea-AI Summary
Veeco Instruments Inc. (NASDAQ: VECO) to Participate in Investor Events, Including Wells Fargo 7th Annual TMT Summit, UBS Global Technology Conference, and Barclays Global Technology Conference. Management will also be at the 12th Annual NYC Summit, offering one-on-one meetings with investors. The fireside chat at the UBS conference will be webcasted on ir.veeco.com events page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
conferences
-
News
Veeco Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Veeco Instruments Inc. reported strong financial results for Q3 2023, with revenue of $177.4 million, compared to $171.9 million in the same period last year. GAAP net income was $24.6 million, or $0.42 per diluted share, compared to $15.0 million, or $0.27 per diluted share in the same period last year. Non-GAAP net income was $31.0 million, or $0.53 per diluted share, compared to $26.0 million, or $0.45 per diluted share in the same period last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.57%
Tags
earnings
News
Veeco Ships First Nanosecond Annealing System to a Tier 1 Logic Customer
Rhea-AI Summary
Veeco Instruments Inc. has introduced the NSA500 Nanosecond Annealing System, expanding its market to new laser annealing applications. The system offers precise annealing of surface layers without damaging the underlying device. Veeco plans to ship its second evaluation system to another Tier 1 customer soon, with potential for high-volume manufacturing orders in late 2024 or 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
Tags
none
Stock VECO logo
Veeco Instruments Inc

Nasdaq:VECO

VECO Rankings

#1907 Ranked by Market Cap
#621 Ranked by Stock Gains
N/A Ranked by Dividends

VECO Stock Data

2.03B
54.96M
2.45%
106.36%
11.87%
Semiconductor and Related Device Manufacturing
Manufacturing
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US
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About VECO

veeco is a global leader in process equipment technology. we are the market leader in mocvd, mbe, ion beam, wet etch single wafer processing and other advanced thin film process technologies. veeco’s process equipment solutions enable the manufacture of: • leds • flexible oled displays • power electronics • compound semiconductors • hard drives • semiconductors • mems and wireless chips our high performance systems drive innovation in energy efficiency, consumer electronics and network storage and allow our customers to maximize productivity and achieve lower cost of ownership. veeco serves our world-class global customer base through our dedicated sales and service organization strategically located throughout asia, europe, and north america. for information on our company, products and worldwide service and support, please visit www.veeco.com.