veeco is a global leader in process equipment technology. we are the market leader in mocvd, mbe, ion beam, wet etch single wafer processing and other advanced thin film process technologies. veeco’s process equipment solutions enable the manufacture of: • leds • flexible oled displays • power electronics • compound semiconductors • hard drives • semiconductors • mems and wireless chips our high performance systems drive innovation in energy efficiency, consumer electronics and network storage and allow our customers to maximize productivity and achieve lower cost of ownership. veeco serves our world-class global customer base through our dedicated sales and service organization strategically located throughout asia, europe, and north america. for information on our company, products and worldwide service and support, please visit www.veeco.com.
Company profile
Ticker
VECO
Exchange
Website
CEO
William Miller
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Ultratech International Inc. • Veeco APAC LLC • Veeco Process Equipment Inc. • Veeco Asia Pte. Ltd. • Veeco GmbH • Veeco Instruments Limited • Veeco Instruments (Shanghai) Co. Ltd. • Veeco Japan Ltd. • Veeco Korea LLC • Veeco Malaysia Sdn. Bhd. ...
IRS number
112989601
VECO stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
21 Mar 24
DEFA14A
Additional proxy soliciting materials
21 Mar 24
DEF 14A
Definitive proxy
21 Mar 24
10-K
2023 FY
Annual report
16 Feb 24
8-K
Veeco Reports Fourth Quarter and Fiscal Year 2023 Financial Results
14 Feb 24
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
Veeco Reports Third Quarter 2023 Financial Results
6 Nov 23
10-Q
2023 Q2
Quarterly report
7 Aug 23
8-K
Veeco Reports Second Quarter 2023 Financial Results with Record Semiconductor Revenue
7 Aug 23
SD
Conflict minerals disclosure
30 May 23
Transcripts
VECO
Earnings call transcript
2023 Q4
14 Feb 24
VECO
Earnings call transcript
2023 Q3
6 Nov 23
VECO
Earnings call transcript
2023 Q2
7 Aug 23
VECO
Earnings call transcript
2023 Q1
8 May 23
VECO
Earnings call transcript
2023 Q1
8 May 23
VECO
Earnings call transcript
2022 Q4
15 Feb 23
VECO
Earnings call transcript
2022 Q3
8 Nov 22
VECO
Earnings call transcript
2022 Q2
9 Aug 22
VECO
Earnings call transcript
2022 Q1
10 May 22
VECO
Earnings call transcript
2021 Q4
17 Feb 22
Latest ownership filings
4
William John Miller
22 Mar 24
144
Notice of proposed sale of securities
21 Mar 24
4
JOHN P KIERNAN
20 Mar 24
4
William John Miller
20 Mar 24
4
Susan Wilkerson
20 Mar 24
4
Adrian Devasahayam
20 Mar 24
4
Peter Porshnev
20 Mar 24
4
William John Miller
18 Mar 24
4
JOHN P KIERNAN
18 Mar 24
4
Adrian Devasahayam
18 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 156.80 mm | 156.80 mm | 156.80 mm | 156.80 mm | 156.80 mm | 156.80 mm |
Cash burn (monthly) | 8.05 mm | 1.07 mm | (no burn) | 3.19 mm | (no burn) | (no burn) |
Cash used (since last report) | 55.50 mm | 7.39 mm | n/a | 22.01 mm | n/a | n/a |
Cash remaining | 101.29 mm | 149.41 mm | n/a | 134.79 mm | n/a | n/a |
Runway (months of cash) | 12.6 | 139.3 | n/a | 42.2 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 197 |
Opened positions | 25 |
Closed positions | 33 |
Increased positions | 79 |
Reduced positions | 68 |
13F shares | Current |
---|---|
Total value | 1.59 tn |
Total shares | 57.09 mm |
Total puts | 152.60 k |
Total calls | 278.30 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 8.46 mm | $237.90 bn |
Vanguard | 6.69 mm | $188.06 bn |
IVZ Invesco | 4.04 mm | $113.54 bn |
Neuberger Berman | 3.37 mm | $94.76 bn |
Wasatch Advisors | 2.59 mm | $72.86 bn |
Dimensional Fund Advisors | 2.24 mm | $62.93 bn |
Paradigm Capital Management | 2.03 mm | $57.07 bn |
STT State Street | 1.88 mm | $52.76 bn |
GS Goldman Sachs | 1.80 mm | $50.48 bn |
Manufacturers Life Insurance Company, The | 1.57 mm | $44.13 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Mar 24 | Miller William John | Common Stock | Sell | Dispose S | No | Yes | 35.304 | 24,201 | 854.39 k | 545,091 |
19 Mar 24 | Peter Porshnev | Common Stock | Payment of exercise | Dispose F | No | No | 33.74 | 20,507 | 691.91 k | 130,644.782 |
19 Mar 24 | Peter Porshnev | Common Stock | Option exercise | Acquire M | No | No | 0 | 39,000 | 0.00 | 151,151.782 |
19 Mar 24 | Adrian Devasahayam | Common Stock | Payment of exercise | Dispose F | No | No | 33.74 | 17,142 | 578.37 k | 88,083.951 |
19 Mar 24 | Adrian Devasahayam | Common Stock | Option exercise | Acquire M | No | No | 0 | 39,000 | 0.00 | 105,225.951 |
19 Mar 24 | Susan Wilkerson | Common Stock | Payment of exercise | Dispose F | No | No | 33.74 | 12,598 | 425.06 k | 69,366 |
19 Mar 24 | Susan Wilkerson | Common Stock | Option exercise | Acquire M | No | No | 0 | 39,000 | 0.00 | 81,964 |
19 Mar 24 | Kiernan John P | Common Stock | Payment of exercise | Dispose F | No | No | 33.74 | 22,961 | 774.70 k | 34,350 |
19 Mar 24 | Kiernan John P | Common Stock | Option exercise | Acquire M | No | No | 0 | 45,500 | 0.00 | 57,311 |
18 Mar 24 | Peter Porshnev | Common Stock | Payment of exercise | Dispose F | No | No | 33.74 | 1,534 | 51.76 k | 112,151.782 |
News
Peeling Back The Layers: Exploring Veeco Instruments Through Analyst Insights
15 Feb 24
Benchmark Maintains Buy on Veeco Instruments, Raises Price Target to $40
15 Feb 24
Recap: Veeco Instruments Q4 Earnings
14 Feb 24
Veeco Instruments Q4 2023 Adj EPS $0.51 Beats $0.42 Estimate, Sales $173.92M Beat $169.39M Estimate
14 Feb 24
Earnings Scheduled For February 14, 2024
14 Feb 24