Veeco Instrs Inc Del Stock Price, News & Analysis

Veeco Instruments (NASDAQ: VECO) has achieved a significant milestone as a global Semiconductor IDM has qualified their WaferStorm® and WaferEtch® platform for two new advanced packaging applications. The customer has already placed initial orders in Q1.

The selection was based on three key advantages:

• Best-in-class process performance
• Unique processing capabilities
• Lower cost of ownership compared to competitors

This qualification represents important market expansion opportunities for Veeco's wet processing technology. The company specializes in manufacturing semiconductor process equipment, including laser annealing, ion beam, single wafer etch & clean, lithography, and MOCVD technologies. These solutions play a crucial role in fabricating and packaging advanced semiconductor devices.

Veeco Instruments (NASDAQ: VECO) announced that two leading-edge logic manufacturers have selected its Laser Spike Annealing (LSA) Platform as Production Tool of Record for new applications at their gate-all-around nodes. The company anticipates high-volume manufacturing orders as customers ramp up advanced nodes production.

The LSA platform, recognized for optimal annealing in low thermal-budget applications, performs millisecond annealing in front-end semiconductor manufacturing to reduce resistance in transistor structures through dopant activation. The technology portfolio includes the NSA500 system, extending capabilities to Backside Power Delivery and Contact Annealing for advanced nodes.

These selections represent successful ongoing collaborations and validate Veeco's strategy to expand its Served Available Market through leading-edge investments.

Veeco Instruments Inc. (NASDAQ: VECO) has scheduled the release of its first quarter 2025 financial results after market close on Wednesday, May 7, 2025. The company will host a conference call at 5:00 PM ET the same day, with dial-in options available at 1-877-407-8029 (toll free) or 1-201-689-8029.

A live webcast will be accessible through Veeco's investor relations website, with a replay available from 8:00 PM ET. Veeco is a manufacturer of semiconductor process equipment, specializing in laser annealing, ion beam, single wafer etch & clean, lithography, MOCVD, and CVD technologies for advanced semiconductor device fabrication and packaging.

Veeco Instruments (NASDAQ: VECO) has been awarded the prestigious Intel EPIC Supplier Award for 2025, marking it as one of only 37 recipients across Intel's global supply chain. The award recognizes top performers for their excellence in continuous improvement and performance excellence.

The EPIC Supplier Award, Intel's highest supplier recognition, acknowledges exceptional performance in four key areas: Excellence, Partnership, Inclusion, and Continuous Improvement. To qualify, suppliers must exceed the highest expectations and achieve strategic objectives aligned with Intel's priorities. Of the thousands of Intel suppliers worldwide, only a select few hundred qualify to participate in the EPIC Supplier Program.

Veeco, an innovative manufacturer of semiconductor process equipment, specializes in laser annealing, ion beam, single wafer etch & clean, lithography, MOCVD, and CVD technologies for advanced semiconductor device fabrication.

Veeco Instruments (NASDAQ: VECO) has announced its participation in Morgan Stanley's Technology, Media, & Telecom Conference on March 3rd, 2025, at 6:20 PM ET. The event will take place at the Palace Hotel in San Francisco, CA, featuring a Fireside Chat with Veeco management.

The presentation will be accessible through a live webcast on Veeco's investor relations website (ir.veeco.com), with replay availability for at least two weeks following the event. Investors interested in personal meetings with management during the conference should arrange appointments through their Morgan Stanley representatives.

Veeco is a leading manufacturer of semiconductor process equipment, specializing in laser annealing, ion beam, chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch & clean, and lithography technologies. These solutions are important for fabricating and packaging advanced semiconductor devices, with a focus on optimizing performance, yield, and cost of ownership.

Veeco Instruments reported its Q4 and FY 2024 financial results. In Q4 2024, revenue increased to $182.1 million from $173.9 million year-over-year, while GAAP net income decreased to $15.0 million ($0.26 per share) from $21.6 million ($0.37 per share).

For full-year 2024, revenue grew to $717.3 million from $666.4 million in 2023. The company achieved GAAP net income of $73.7 million ($1.23 per share) compared to a net loss of $30.4 million in 2023. Non-GAAP net income reached $104.3 million ($1.74 per share).

Looking ahead to Q1 2025, Veeco expects revenue between $155-175 million and GAAP earnings per share of $0.11-0.22. The company's Semiconductor business outperformed WFE growth for the fourth consecutive year, with strong positioning in Laser Annealing, Ion Beam Deposition, and Advanced Packaging.

Veeco Instruments (NASDAQ: VECO) has announced the shipment of its NSA500™ Nanosecond Annealing system to a leading semiconductor company for 2-nanometer gate-all-around logic chips production in Q4 2024. The company reports that evaluation programs for the NSA500™ are progressing well with two other leading-edge customers, with multiple applications under consideration.

The next-generation annealing platform expands Veeco's opportunities in laser annealing for logic and memory applications, including precise shallow anneals for 3D devices, low thermal budget anneals, and material modification. The NSA500 system's key advantage lies in its ability to precisely anneal surface layers without damaging underlying devices, utilizing nanosecond-scale dwell times at high temperatures.

Veeco Instruments (NASDAQ: VECO) has scheduled the release of its fourth quarter 2024 financial results for Wednesday, February 12, 2025, after market close. The company will host a conference call at 5:00 PM ET on the same day to discuss the results.

Investors can join the call by dialing 1-877-407-8029 (toll-free) or 1-201-689-8029. A live webcast will be available on Veeco's investor relations website, with a replay accessible from 8:00 PM ET.

Veeco is a manufacturer of semiconductor process equipment, specializing in laser annealing, ion beam, CVD, MOCVD, single wafer etch & clean, and lithography technologies for advanced semiconductor device fabrication and packaging.

Veeco Instruments (NASDAQ: VECO) has updated its Q4 and full-year 2024 financial guidance. The company now expects Q4 2024 revenue between $175-185 million, up from previous guidance of $165-185 million, with full-year 2024 revenue projected at $710-720 million.

Q4 2024 GAAP earnings per share is expected between $0.09-0.28 (previously $0.18-0.27), while Non-GAAP EPS is projected at $0.36-0.44 (previously $0.35-0.45). Full-year 2024 GAAP EPS is estimated at $1.07-1.26, with Non-GAAP EPS at $1.69-1.76.

The guidance includes a Q4 2024 GAAP Net Income impact ranging from a $9 million expense to a $4 million benefit, related to underperforming Silicon Carbide Epitaxy technology acquired in 2023, including non-cash impairments of intangible assets and contingent consideration adjustments.