Veeco Instruments, Inc. process equipment solutions enable the manufacture of LEDs, power electronics, hard drives, MEMS and wireless chips. The Company creates process equipment that enables technologies for a cleaner and more productive world. Veeco designs, develops, manufactures, markets, and supports thin film equipment to meet the demands of key global trends such as improving energy efficiency, enhancing mobility, and increasing connectivity. The Company's equipment is used to make electronic devices which enable these trends, including light emitting diodes, micro-electromechanical systems, wireless devices, power electronics, hard disk drives, and semiconductor devices.

Company Growth (employees)
Type
Public
HQ
Plainview, US
Founded
1945
Size (employees)
716 (est)
Website
veeco.com
Veeco was founded in 1945 and is headquartered in Plainview, US

Veeco Office Locations

Veeco has offices in Plainview, Fremont, Arlington, Saint Paul and in 8 other locations
Plainview, US (HQ)
1 Terminal Dr
Arlington, US
41 Page Park Dr
Franklin Township, US
145 Belmont Dr
Fremont, US
3191 Laurelview Ct
Saint Paul, US
4875 Constellation Dr
Bayan Lepas, MY
Lintang Mayang Pasir 3
Show all (13)

Veeco Financials and Metrics

Veeco Financials

Veeco's revenue was reported to be $332.5 m in FY, 2016
USD

Revenue (Q3, 2017)

131.9 m

Gross profit (Q3, 2017)

53.1 m

Gross profit margin (Q3, 2017), %

40%

Net income (Q3, 2017)

(21.9 m)

EBIT (Q3, 2017)

(18.9 m)

Market capitalization (22-Dec-2017)

687.7 m

Cash (30-Sep-2017)

235.3 m

EV

725.6 m
Veeco's current market capitalization is $687.7 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

331.7 m392.9 m477 m332.5 m

Revenue growth, %

(36%)18%21%(30%)

Cost of goods sold

228.6 m258 m299.8 m199.6 m

Gross profit

103.1 m134.9 m177.2 m132.9 m
USDQ3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

132.7 m61.8 m97.4 m99.3 m90.8 m95.1 m93.3 m98.3 m131.4 m140.7 m78 m75.3 m85.5 m94.4 m115.1 m131.9 m

Cost of goods sold

82.8 m39.2 m62.8 m69 m57.1 m64.4 m60.8 m63.2 m82.3 m86.5 m46.1 m43.9 m52 m60.2 m76.3 m78.8 m

Gross profit

49.9 m22.6 m34.6 m30.3 m33.8 m30.7 m32.6 m35.1 m49.1 m54.3 m32 m31.4 m33.5 m34.2 m38.7 m53.1 m

Gross profit Margin, %

38%37%36%31%37%32%35%36%37%39%41%42%39%36%34%40%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

210.8 m270.8 m269.2 m277.4 m

Accounts Receivable

23.8 m60.1 m49.5 m58 m

Inventories

59.7 m61.5 m77.5 m77.1 m

Current Assets

613.6 m555.7 m542.1 m501.5 m
USDQ3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

387 m223.1 m241.5 m247.7 m214.7 m232.3 m264 m303.1 m313.9 m334.1 m243.7 m257.6 m274 m423.7 m205.6 m235.3 m

Accounts Receivable

60.3 m42.9 m44.7 m37.8 m50.7 m58.3 m61.6 m64.3 m83.1 m46.8 m56.1 m41.7 m50.5 m51.4 m108.3 m113.8 m

Inventories

74.4 m67.7 m64.1 m57.6 m52.1 m48.4 m46.6 m57.2 m63.6 m70 m77.2 m90.8 m86.7 m64.7 m119.9 m113.7 m

Current Assets

758.2 m742.3 m744 m715.8 m625.2 m633.6 m658 m574.7 m605.8 m563.5 m517.5 m497.4 m508.4 m822.4 m560.3 m602.6 m
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    (42.3 m)(66.9 m)(32 m)(122.2 m)

    Depreciation and Amortization

    18.4 m24.6 m27.6 m19.2 m

    Accounts Receivable

    38.8 m(25 m)10.7 m(8.7 m)

    Inventories

    2.8 m(2.2 m)(39 k)6.7 m
    USDQ3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    11.8 m(10.1 m)(4.1 m)(6 m)19.2 m3.9 m(14 m)(19.1 m)(27.5 m)(22.2 m)(15.5 m)(47.6 m)(117.2 m)1.1 m(17.3 m)(21.9 m)

    Depreciation and Amortization

    11.6 m10.7 m21.7 m30.8 m8.6 m17.3 m26 m5.8 m15.6 m

    Accounts Receivable

    (32.7 m)(4.2 m)(22.7 m)13.5 m(7 m)7.6 m(1.2 m)6.5 m(5 m)113.8 m

    Inventories

    12.1 m113.7 m
      USDY, 2017

      EV/EBIT

      -38.3 x

      EV/CFO

      47.5 x

      EV/FCF

      -341.1 x

      Revenue/Employee

      184.2 k

      Debt/Equity

      0.3 x

      Debt/Assets

      0.2 x

      Financial Leverage

      1.7 x
      Show all financial metrics

      Veeco Operating Metrics

      Veeco's Backlog was reported to be $209.2 m in FY, 2016, which is a 12% increase from the previous period
      FY, 2014FY, 2015FY, 2016

      Facilities

      161412

      Patents Issued

      300300300

      Backlog

      $286.7 m$186 m$209.2 m

      Manufacturing Facilities

      775
      Show all operating metrics

      Veeco Market Value History

      Veeco Revenue Breakdown

      Veeco's Web-traffic and Trends

      Veeco Online and Social Media Presence

      Veeco Company Life and Culture

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