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 manufacturer of semiconductor process equipment whose technologies are frequently highlighted in industry and financial news. Company updates describe how its laser annealing, ion beam, MOCVD, single wafer etch & clean, lithography and CVD systems support the fabrication and packaging of advanced semiconductor devices across memory, power, optical and packaging applications.
News about Veeco often covers its participation in investor conferences, quarterly financial results and guidance, and major corporate developments. For example, Veeco issues press releases and Form 8-K filings when it reports quarterly earnings, posts investor presentations, or comments on regulatory changes that may affect its business, such as U.S. export control rules related to certain China-based customers.
Product- and customer-focused announcements are another key theme in VECO news. Recent releases describe evaluation shipments of laser spike annealing systems to leading semiconductor memory companies, orders for Propel®300 MOCVD systems for GaN-on-Si power devices, and multiple orders for wet processing and lithography platforms to support advanced packaging and silicon photonics at specialist foundries. Veeco also reports on orders for Lumina™ and Lumina+ MOCVD systems used in InP and As/P epitaxy for optical communications and compound semiconductor products.
Strategic and corporate actions feature prominently as well. Veeco and Axcelis Technologies announced a definitive all-stock merger agreement under which a wholly owned Axcelis subsidiary will merge with and into Veeco, with Veeco becoming a wholly owned subsidiary of Axcelis, subject to regulatory and shareholder approvals. Investors following VECO news can track these transaction updates alongside ongoing operational and product announcements.
This news page aggregates such releases and related coverage so readers can monitor Veeco’s financial disclosures, technology milestones, customer wins and merger-related developments in one place.
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.
Veeco Instruments (NASDAQ: VECO) will announce its Q1 2022 financial results on May 9, 2022, after market close. A conference call will follow at 5:00 PM ET, where executives will discuss the financial outcomes. Interested parties can join the call at 1-888-220-8451 or via a live webcast on Veeco's investor relations website. A recording of the call will be available later that evening. As a manufacturer of semiconductor process equipment, Veeco's technologies are crucial in semiconductor device production.
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Veeco Instruments Inc (NASDAQ: VECO) has secured a significant order for its WaferStorm Wet Processing Systems from a leading semiconductor manufacturer. This selection was driven by the systems' low cost of ownership and superior performance. The customer already utilizes Veeco’s LSA201 Laser Spike Annealing System and AP300 Lithography Systems. With the global advanced packaging market expected to grow at an 8% CAGR to reach $48.2 billion by 2026, Veeco's technologies aim to enhance efficiency and reduce operating costs for semiconductor fabrication.
Veeco Instruments (NASDAQ: VECO) announced significant orders for its Laser Annealing Systems from top semiconductor manufacturers, reinforcing its position in the market. A leading-edge customer is adopting the LSA101 and LSA201 systems as their primary manufacturing tools. This technology is essential for enhancing performance and yield in semiconductor devices. The company anticipates increased demand due to the growth in areas such as 5G and AI, supported by a new manufacturing facility in San Jose, designed to meet rising industry needs.
Veeco Instruments Inc. (Nasdaq: VECO) reported strong financial results for Q4 and FY 2021. Q4 revenues reached $153.0 million, up from $138.9 million in 2020. GAAP net income was $8.2 million ($0.15 per diluted share), contrasting with a net loss last year. For the full year, revenues surged to $583.3 million, with a GAAP net income of $26.0 million($0.49 per diluted share). Non-GAAP net income also increased notably. The company anticipates Q1 2022 revenues between $145 million and $165 million.
Veeco Instruments Inc. (NASDAQ: VECO) has received an order for its IBD-LDD Ion Beam Deposition System from a semiconductor mask blank supplier. This system addresses the increasing demand for extreme ultraviolet (EUV) mask blanks essential for advanced logic and memory chips. The IBD technology is recognized for its low defect density and is currently utilized by all major EUV mask blank manufacturers. Veeco's solid reputation in this area reinforces its leadership in semiconductor equipment technology.