Veeco Instruments Inc.

Equities

VECO

US9224171002

Semiconductor Equipment & Testing

Real-time Estimate Cboe BZX Other stock markets 09:48:10 2024-05-31 am EDT			5-day change	1st Jan Change
41 ^USD	+0.09%		-1.17%	+32.28%

May. 15	Oppenheimer Adjusts Veeco Instruments Price Target to $45 From $40, Maintains Outperform Rating	MT
May. 09	Goldman Sachs Adjusts Price Target on Veeco Instruments to $39 From $35, Maintains Neutral Rating	MT

Veeco Instruments Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 07, 2024 at 04:05 pm EDT

Veeco Instruments Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 174.48 million compared to USD 153.5 million a year ago. Net income was USD 21.85 million compared to USD 8.74 million a year ago.

Basic earnings per share from continuing operations was USD 0.39 compared to USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 0.17 a year ago.

Latest news about Veeco Instruments Inc.

Oppenheimer Adjusts Veeco Instruments Price Target to $45 From $40, Maintains Outperform Rating	May. 15	MT
Goldman Sachs Adjusts Price Target on Veeco Instruments to $39 From $35, Maintains Neutral Rating	May. 09	MT
Needham Raises Veeco Instruments Price Target to $46 From $43, Maintains Buy Rating	May. 08	MT
Earnings Flash (VECO) VEECO INSTRUMENTS Posts Q1 Revenue $174.5M, vs. Street Est of $170.6M	May. 07	MT
Earnings Flash (VECO) VEECO INSTRUMENTS Posts Q1 EPS $0.45, vs. Street Est of $0.41	May. 07	MT
Transcript : Veeco Instruments Inc., Q1 2024 Earnings Call, May 07, 2024	May. 07
Veeco Instruments Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2024	May. 07	CI
Veeco Instruments Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 07	CI
Veeco Instruments Inc. Announces Leading Edge Semiconductor Company Places an Order for Multiple Laser Annealing Systems	May. 07	CI
Veeco Instruments Insider Sold Shares Worth $854,392, According to a Recent SEC Filing	Mar. 22	MT
Oppenheimer Adjusts Veeco Instruments Price Target to $40 From $38, Maintains Outperform Rating	Feb. 15	MT
Veeco Instruments Q4 Adjusted Earnings, Revenue Increase; Issues Q1 Outlook	Feb. 15	MT
Transcript : Veeco Instruments Inc., Q4 2023 Earnings Call, Feb 14, 2024	Feb. 14
Earnings Flash (VECO) VEECO INSTRUMENTS Reports Q4 Revenue $173.9M, vs. Street Est of $169.1M	Feb. 14	MT
Earnings Flash (VECO) VEECO INSTRUMENTS Posts Q4 EPS $0.51, vs. Street Est of $0.42	Feb. 14	MT
Veeco Instruments Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2024	Feb. 14	CI
Veeco Instruments Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 14	CI
Oppenheimer Adjusts Veeco Instruments Price Target to $38 From $33, Maintains Outperform Rating	Feb. 09	MT
Veeco Instruments Insider Sold Shares Worth $902,070, According to a Recent SEC Filing	Jan. 19	MT
Goldman Sachs Raises Price Target on Veeco Instruments to $31 From $28, Maintains Neutral Rating	Jan. 18	MT
Veeco Instruments Boosts Q4 Adjusted Earnings, Revenue Guidance; Sets 2024 Outlook	Jan. 17	MT
Veeco Instruments Inc. Revises Earnings Guidance for the Fourth Quarter and Full Year of 2023	Jan. 17	CI
Veeco Instruments Inc. Provides Initial Financial Guidance for the Fiscal Year 2024	Jan. 17	CI
Veeco Instruments Insider Sold Shares Worth $465,705, According to a Recent SEC Filing	Dec. 19	MT
Transcript : Veeco Instruments Inc. Presents at 2023 Barclays Global Technology Conference, Dec-06-2023 03:05 PM	Dec. 06

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Company Profile

Veeco Instruments Inc. is a manufacturer of semiconductor process equipment. The Company's laser annealing, ion beam, chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch and clean and lithography technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. The Company's system products include Laser Annealing Systems, Ion Beam Systems and Etch Systems, Advanced Packaging Lithography, Single Wafer Wet Processing, Metal Organic Chemical Vapor Deposition Systems, Molecular Beam Epitaxy Systems, Atomic Layer Deposition Systems, and Other Systems. Its other deposition systems include Physical Vapor Deposition, Diamond-Like Carbon Deposition, and Chemical Vapor Deposition Systems. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory (DRAM), photonics devices, power electronics, and other semiconductor devices.

Sector

Semiconductor Equipment & Testing

Calendar

2024-06-05 - Stifel Cross Sector Insight Conference

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Russell 2000

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Ratings for Veeco Instruments Inc.

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

40.96 USD

Average target price

42.29 USD

Spread / Average Target

+3.24%

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Company calendar

Sector Semiconductor Machinery Manufacturing

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