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
Shanghai, CN
Jin Hai Shang Ye Guang Chang
Bayan Lepas, MY
Lintang Mayang Pasir 3
Cambridgeshire, GB
Silvaco Technology Centre Office 1/2 Compass Point St Ives
Mannheim, DE
13 Dynamostraße
Minneapolis, US
225 4570 W 77th St
Show all (13)

Veeco Financials and Metrics

Veeco Financials

Veeco's revenue was reported to be $94.4 m in Q1, 2017
USD

Revenue (Q1, 2017)

94.4 m

Gross profit (Q1, 2017)

34.2 m

Gross profit margin (Q1, 2017), %

36%

Net income (Q1, 2017)

1.1 m

EBIT (Q1, 2017)

(5.8 m)

Market capitalization (20-Oct-2017)

906.4 m

Cash (31-Mar-2017)

423.7 m
Veeco's current market capitalization is $906.4 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

95.1 m93.3 m98.3 m131.4 m140.7 m78 m75.3 m85.5 m94.4 m

Cost of goods sold

64.4 m60.8 m63.2 m82.3 m86.5 m46.1 m43.9 m52 m60.2 m

Gross profit

30.7 m32.6 m35.1 m49.1 m54.3 m32 m31.4 m33.5 m34.2 m

Gross profit Margin, %

32%35%36%37%39%41%42%39%36%
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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

232.3 m264 m303.1 m313.9 m334.1 m243.7 m257.6 m274 m423.7 m

Accounts Receivable

58.3 m61.6 m64.3 m83.1 m46.8 m56.1 m41.7 m50.5 m51.4 m

Inventories

48.4 m46.6 m57.2 m63.6 m70 m77.2 m90.8 m86.7 m64.7 m

Current Assets

633.6 m658 m574.7 m605.8 m563.5 m517.5 m497.4 m508.4 m822.4 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

3.9 m(14 m)(19.1 m)(27.5 m)(22.2 m)(15.5 m)(47.6 m)(117.2 m)1.1 m

Depreciation and Amortization

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

Inventories

12.1 m
USDY, 2017

Revenue/Employee

131.8 k

Financial Leverage

1.6 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 Job Categories

Traffic Overview of Veeco

Veeco Online and Social Media Presence

Veeco Company Life and Culture

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