Veeco Instruments Inc. (OQ:VECO)

Business Focus: Semiconductor Machinery Manufacturing

Sector:  Technology Industry:  Semiconductor Equipment & Testing
 
See Regulatory Filings on SEC
Company Contact
Address: TERMINAL DRIVE
PLAINVIEW NY 11803
Tel: 1-516-5008798
Website: https://www.veeco.com
IR: See website
<
Key People
William J. Miller
Chief Executive Officer, Director
John P. Kiernan
Chief Financial Officer, Senior Vice President
Susan Wilkerson
Senior Vice President - Global Sales and Service
Adrian Devasahayam
Senior Vice President - Product Line Management
Peter Porshnev
Senior Vice President - Unified Engineering
 
Business Overview
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.
Financial Overview
For the fiscal year ended 31 December 2023, Veeco Instruments Inc. revenues increased 3% to $666.4M. Net loss totaled $30.4M vs. income of $166.9M. Revenues reflect Front End Semiconductor segment increase of 12% to $412.7M, Scientific And Industrial segment increase of 15% to $78M, China segment increase of 76% to $217.9M. Net loss reflects Other income (expense), net increase from $0K to $97.1M (expense).
Employees: 1,215 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $1,870M as of Dec 31, 2023
Annual revenue (TTM): $666.44M as of Dec 31, 2023
EBITDA (TTM): $96.25M as of Dec 31, 2023
Net annual income (TTM): -$30.37M as of Dec 31, 2023
Free cash flow (TTM): $33.74M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 56,354,852 as of Mar 8, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.