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 |