Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, and atomic layer deposition and other deposition systems, as well as packaging lithography equipment. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, thin film magnetic heads, and other semiconductor devices. The company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test, hard disk drive, and photonics manufacturers; and research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.
IPO Year: 1994
Exchange: NASDAQ
Website: veeco.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/6/2025 | $33.00 | Neutral → Buy | Citigroup |
7/15/2024 | $45.00 → $50.00 | Buy → Neutral | Citigroup |
9/13/2023 | $35.00 | Buy | Citigroup |
9/1/2023 | $35.00 | Buy | Needham |
1/23/2023 | $19.00 → $20.00 | Overweight → Equal Weight | Barclays |
1/12/2022 | $25.00 → $28.00 | Neutral | Goldman Sachs |
1/12/2022 | $34.00 → $38.00 | Outperform | Oppenheimer |
12/28/2021 | $32.00 | Outperform | Northland Capital |
11/3/2021 | $29.00 → $34.00 | Outperform | Oppenheimer |
9/13/2021 | $29.00 → $26.00 | Buy → Neutral | Goldman Sachs |
PLAINVIEW, N.Y., May 15, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) (the "Company" or "Veeco") today announced that the Company completed separate exchange transactions (the "Exchanges") pursuant to privately negotiated exchange agreements with the holders of all of its outstanding 3.75% Convertible Senior Notes due 2027 (the "2027 Notes"). "Veeco has strengthened our balance sheet by proactively addressing our 2027 Notes following the settlement of our 2025 Notes at maturity in January," said John Kiernan, Chief Financial Officer of Veeco. "These transactions provide greater financial flexibility, in addition to reducing our ongoing interest expense and outstanding de
PLAINVIEW, N.Y., May 15, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) today announced management is scheduled to participate in the following investor events: TD Cowen's 53rd Annual Technology, Media & Telecom Conference on Wednesday, May 28, 2025, at the InterContinental New York Barclay in New York, New York. Veeco management will be available to meet one-on-one with investors during the conference. Northland Growth Conference on Wednesday, June 25, 2025. Veeco management will be available to meet virtually one-on-one with investors during the conference. About Veeco Veeco (NASDAQ:VECO) is an innovative manufacturer of semiconductor process equipment. Our laser anne
PLAINVIEW, N.Y., May 07, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) today announced its received over $35 million of orders for its AP300™ Lithography systems in recent quarters from a wide-range of IDM and OSAT customers. The orders are expected to be delivered in 2025, and are supporting capacity expansions driven by several end markets, including AI and high-performance computing. Veeco's Advanced Packaging Lithography business is expected to deliver strong year-over-year growth in 2025. Veeco's AP300™ Lithography systems offer industry-leading performance specifically designed for Advanced Packaging applications, lower total cost of ownership, industry-leading uptim
First Quarter 2025 Highlights: Revenue of $167.3 million, compared with $174.5 million in the same period last yearGAAP net income of $11.9 million, or $0.20 per diluted share, compared with $21.9 million, or $0.37 per diluted share in the same period last yearNon-GAAP net income of $22.2 million, or $0.37 per diluted share, compared with $26.4 million, or $0.45 per diluted share in the same period last year PLAINVIEW, N.Y., May 07, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) today announced financial results for its first quarter ended March 31, 2025. Results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and are also reported ad
PLAINVIEW, N.Y., April 29, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) today announced a global Semiconductor IDM qualified Veeco's WaferStorm® and WaferEtch® platform for two new applications in Advanced Packaging. The customer also placed initial orders for these systems during the first quarter. Veeco's systems were chosen based on their best-in-class process performance, unique processing capabilities, and low cost of ownership advantages compared to other platforms. Both applications represent key Served Available Market expansion opportunities for Veeco's WaferStorm® and WaferEtch® platform at other leading customers. "Qualification of our platform was based on ou
PLAINVIEW, N.Y., April 28, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) announced today two leading-edge logic customers have selected Veeco's Laser Spike Annealing Platform as Production Tool of Record for new applications at their gate-all-around nodes. Veeco expects high-volume manufacturing orders tied to these wins as each customer ramps their advanced nodes. "We continue to see growing adoption of our laser annealing platform for new applications as demonstrated by today's announcement," commented Adrian Devasahayam, Ph.D., Veeco's Senior Vice President, Product Line Management. "Veeco's LSA system is widely acknowledged as the optimum annealing solution for low the
PLAINVIEW, N.Y., April 16, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) plans to release its first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025. The company will host a conference call to review these results starting at 5:00 PM ET that day. To join the call, dial 1-877-407-8029 (toll free) or 1-201-689-8029. Participants may also access a live webcast of the call by visiting the investor relations section of Veeco's website at ir.veeco.com. A replay of the webcast will be made available on the Veeco website beginning at 8:00 PM ET that same evening. About Veeco Veeco (NASDAQ:VECO) is an innovative manufacturer of semiconductor proce
PLAINVIEW, N.Y., April 15, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) is proud to announce that it has earned the exclusive Intel EPIC Supplier Award for 2025. This award recognizes the top performers in the Intel supply chain for their world-class commitment to continuous improvement and performance excellence over the past year. "Congratulations to Veeco on receiving the Intel EPIC Supplier Award, Intel's highest supplier recognition," said Frank Sanders, corporate vice president and general manager of Global Supply Chain Operations at Intel. "Their unwavering commitment to quality, drive for excellence, and dedication to technology innovation make them vital to our
PLAINSVIEW, N.Y., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) today announced that management is scheduled to participate in a Fireside Chat at Morgan Stanley's Technology, Media, & Telecom Conference at 6:20 PM ET on Monday, March 3rd, 2025, at the Palace Hotel in San Francisco, CA. Veeco management will also be available to meet in person with investors during the conference. Interested investors should contact their Morgan Stanley representative to secure a meeting time. The presentation will be broadcast live and can be accessed on the investor relations section of Veeco's website at ir.veeco.com. A webcast replay will be made available on the website for
Fourth Quarter 2024 Highlights: Revenue of $182.1 million, compared with $173.9 million in the same period last yearGAAP net income of $15.0 million, or $0.26 per diluted share, compared with $21.6 million, or $0.37 per diluted share in the same period last yearNon-GAAP net income of $24.2 million, or $0.41 per diluted share, compared with $29.8 million, or $0.51 per diluted share in the same period last year Fiscal Year 2024 Highlights: Revenue of $717.3 million, compared with $666.4 million in the same period last yearGAAP net income of $73.7 million, or $1.23 per diluted share, compared with GAAP net loss of $30.4 million or $0.56 loss per diluted share in the same period last ye
First Quarter 2025 Highlights: Revenue of $167.3 million, compared with $174.5 million in the same period last yearGAAP net income of $11.9 million, or $0.20 per diluted share, compared with $21.9 million, or $0.37 per diluted share in the same period last yearNon-GAAP net income of $22.2 million, or $0.37 per diluted share, compared with $26.4 million, or $0.45 per diluted share in the same period last year PLAINVIEW, N.Y., May 07, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) today announced financial results for its first quarter ended March 31, 2025. Results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and are also reported ad
PLAINVIEW, N.Y., April 16, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) plans to release its first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025. The company will host a conference call to review these results starting at 5:00 PM ET that day. To join the call, dial 1-877-407-8029 (toll free) or 1-201-689-8029. Participants may also access a live webcast of the call by visiting the investor relations section of Veeco's website at ir.veeco.com. A replay of the webcast will be made available on the Veeco website beginning at 8:00 PM ET that same evening. About Veeco Veeco (NASDAQ:VECO) is an innovative manufacturer of semiconductor proce
Fourth Quarter 2024 Highlights: Revenue of $182.1 million, compared with $173.9 million in the same period last yearGAAP net income of $15.0 million, or $0.26 per diluted share, compared with $21.6 million, or $0.37 per diluted share in the same period last yearNon-GAAP net income of $24.2 million, or $0.41 per diluted share, compared with $29.8 million, or $0.51 per diluted share in the same period last year Fiscal Year 2024 Highlights: Revenue of $717.3 million, compared with $666.4 million in the same period last yearGAAP net income of $73.7 million, or $1.23 per diluted share, compared with GAAP net loss of $30.4 million or $0.56 loss per diluted share in the same period last ye
PLAINVIEW, N.Y., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) plans to release its fourth quarter 2024 financial results after the market closes on Wednesday, February 12, 2025. The company will host a conference call to review these results starting at 5:00 PM ET that day. To join the call, dial 1-877-407-8029 (toll free) or 1-201-689-8029. Participants may also access a live webcast of the call by visiting the investor relations section of Veeco's website at ir.veeco.com. A replay of the webcast will be made available on the Veeco website beginning at 8:00 PM ET that same evening. About Veeco Veeco (NASDAQ:VECO) is an innovative manufacturer of semiconductor
Third Quarter 2024 Highlights: Revenue of $184.8 million, compared with $177.4 million in the same period last yearGAAP net income of $22.0 million, or $0.36 per diluted share, compared with $24.6 million, or $0.42 per diluted share in the same period last yearNon-GAAP net income of $28.3 million, or $0.46 per diluted share, compared with $31.0 million, or $0.53 per diluted share in the same period last year PLAINVIEW, N.Y., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) today announced financial results for its third quarter ended September 30, 2024. Results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and are also report
PLAINVIEW, N.Y., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) plans to release its third quarter 2024 financial results after the market closes on Wednesday, November 6, 2024. The company will host a conference call to review these results starting at 5:00 PM ET that day. To join the call, dial 1-877-407-8029 (toll free) or 1-201-689-8029. Participants may also access a live webcast of the call by visiting the investor relations section of Veeco's website at ir.veeco.com. A replay of the webcast will be made available on the Veeco website beginning at 8:00 PM ET that same evening. About Veeco Veeco (NASDAQ:VECO) is an innovative manufacturer of semiconduct
Second Quarter 2024 Highlights: Revenue of $175.9 million, compared with $161.6 million in the same period last yearGAAP net income of $14.9 million, or $0.25 per diluted share, compared with net loss of $85.3 million, or $1.61 loss per diluted share in the same period last yearNon-GAAP net income of $25.4 million, or $0.42 per diluted share, compared with $20.6 million, or $0.36 per diluted share in the same period last year PLAINVIEW, N.Y., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) today announced financial results for its second quarter ended June 30, 2024. Results are reported in accordance with U.S. generally accepted accounting principles ("
PLAINVIEW, N.Y., July 16, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) plans to release its second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024. The company will host a conference call to review these results starting at 5:00 PM ET that day. To join the call, dial 1-877-407-8029 (toll free) or 1-201-689-8029. Participants may also access a live webcast of the call by visiting the investor relations section of Veeco's website at ir.veeco.com. A replay of the webcast will be made available on the Veeco website beginning at 8:00 PM ET that same evening. About Veeco Veeco (NASDAQ:VECO) is an innovative manufacturer of semiconductor proc
First Quarter 2024 Highlights: Revenue of $174.5 million, compared with $153.5 million in the same period last yearGAAP net income of $21.9 million, or $0.37 per diluted share, compared with $8.7 million, or $0.17 per diluted share in the same period last yearNon-GAAP net income of $26.4 million, or $0.45 per diluted share, compared with $16.9 million, or $0.30 per diluted share in the same period last year PLAINVIEW, N.Y., May 07, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) today announced financial results for its first quarter ended March 31, 2024. Results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and are also reported
PLAINVIEW, N.Y., April 16, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) plans to release its first quarter 2024 financial results after the market closes on Tuesday, May 7, 2024. The company will host a conference call to review these results starting at 5:00 PM ET that day. To join the call, dial 1-877-407-8029 (toll free) or 1-201-689-8029. Participants may also access a live webcast of the call by visiting the investor relations section of Veeco's website at ir.veeco.com. A replay of the webcast will be made available on the Veeco website beginning at 8:00 PM ET that same evening. About Veeco Veeco (NASDAQ:VECO) is an innovative manufacturer of semiconductor process
Citigroup upgraded Veeco Instruments from Neutral to Buy and set a new price target of $33.00
Citigroup downgraded Veeco Instruments from Buy to Neutral and set a new price target of $50.00 from $45.00 previously
Citigroup initiated coverage of Veeco Instruments with a rating of Buy and set a new price target of $35.00
Needham initiated coverage of Veeco Instruments with a rating of Buy and set a new price target of $35.00
Barclays downgraded Veeco Instruments from Overweight to Equal Weight and set a new price target of $20.00 from $19.00 previously
Goldman Sachs reiterated coverage of Veeco Instruments with a rating of Neutral and set a new price target of $28.00 from $25.00 previously
Oppenheimer reiterated coverage of Veeco Instruments with a rating of Outperform and set a new price target of $38.00 from $34.00 previously
Northland Capital reiterated coverage of Veeco Instruments with a rating of Outperform and set a new price target of $32.00
Oppenheimer reiterated coverage of Veeco Instruments with a rating of Outperform and set a new price target of $34.00 from $29.00 previously
Goldman Sachs downgraded Veeco Instruments from Buy to Neutral and set a new price target of $26.00 from $29.00 previously
4 - VEECO INSTRUMENTS INC (0000103145) (Issuer)
4 - VEECO INSTRUMENTS INC (0000103145) (Issuer)
4 - VEECO INSTRUMENTS INC (0000103145) (Issuer)
4 - VEECO INSTRUMENTS INC (0000103145) (Issuer)
4 - VEECO INSTRUMENTS INC (0000103145) (Issuer)
4 - VEECO INSTRUMENTS INC (0000103145) (Issuer)
4 - VEECO INSTRUMENTS INC (0000103145) (Issuer)
4 - VEECO INSTRUMENTS INC (0000103145) (Issuer)
4 - VEECO INSTRUMENTS INC (0000103145) (Issuer)
4 - VEECO INSTRUMENTS INC (0000103145) (Issuer)
PLAINVIEW, N.Y., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) recently announced the appointment of Lena Nicolaides, Ph.D., to its Board of Directors. In addition to her vast industry experience and leadership qualities, Dr. Nicolaides was identified through a search process in connection with the Board's desire for increased diversity. Dr. Nicolaides serves as Senior Vice President and General Manager of a pattern inspection process control division for KLA Corporation. At KLA, Dr. Nicolaides has served in a range of executive leadership and general management roles, including roles in technology supply chain. Prior to joining KLA, Dr. Nicolaides served as Vic
VANCOUVER, BC, Dec. 9, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced that, effective December 9, 2021, the company has appointed Ms. Kathleen (Kathy) Bayless to the company's Board of Directors. Ms. Bayless will also serve on the Audit Committee of the Board of Directors. Mr. Jim Roche, Chair of Ballard's Board of Directors said, "We are pleased to announce Ms. Kathleen Bayless as a new member to our Board. Kathleen brings impressive and complementary financial management experience with high growth, global organizations. Her experience and
PLAINVIEW, N.Y., Aug. 19, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ:VECO) recently announced the appointment of Sujeet Chand, Ph.D., to its Board of Directors. In addition to his vast industry experience and leadership qualities, Dr. Chand was identified through a search process in connection with the Board's desire for increased diversity. Dr. Chand, age 63, has served as Senior Vice President and Chief Technology Officer of Rockwell Automation since 2005. From 2001 to 2005, Dr. Chand served as Rockwell Automation's Vice President, Control Systems. Prior to joining Rockwell Automation, Dr. Chand served as Chief Operating Officer for XAP Corporation from 1999 to 2001 and,
SD - VEECO INSTRUMENTS INC (0000103145) (Filer)
S-3ASR - VEECO INSTRUMENTS INC (0000103145) (Filer)
S-8 - VEECO INSTRUMENTS INC (0000103145) (Filer)
8-K - VEECO INSTRUMENTS INC (0000103145) (Filer)
8-K - VEECO INSTRUMENTS INC (0000103145) (Filer)
10-Q - VEECO INSTRUMENTS INC (0000103145) (Filer)
8-K - VEECO INSTRUMENTS INC (0000103145) (Filer)
DEFA14A - VEECO INSTRUMENTS INC (0000103145) (Filer)
DEF 14A - VEECO INSTRUMENTS INC (0000103145) (Filer)
144 - VEECO INSTRUMENTS INC (0000103145) (Subject)
SC 13G/A - VEECO INSTRUMENTS INC (0000103145) (Subject)
SC 13G/A - VEECO INSTRUMENTS INC (0000103145) (Subject)
SC 13G/A - VEECO INSTRUMENTS INC (0000103145) (Subject)
SC 13G/A - VEECO INSTRUMENTS INC (0000103145) (Subject)
SC 13G/A - VEECO INSTRUMENTS INC (0000103145) (Subject)
SC 13G/A - VEECO INSTRUMENTS INC (0000103145) (Subject)
SC 13G/A - VEECO INSTRUMENTS INC (0000103145) (Subject)
SC 13G/A - VEECO INSTRUMENTS INC (0000103145) (Subject)
SC 13G - VEECO INSTRUMENTS INC (0000103145) (Subject)
SC 13G/A - VEECO INSTRUMENTS INC (0000103145) (Subject)