Veeco is an innovative manufacturer of semiconductor process equipment. Its proven ion beam, laser annealing, lithography, MOCVD and single wafer etch & clean technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets.
Company profile
Ticker
VECO
Exchange
Website
CEO
William Miller
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Lam Research • Milacron • Azenta • Cricut • Axcelis • Intevac • Manitex International • Desktop Metal • Amtech Systems • Energy Recovery ...
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
Analyst ratings and price targets
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
23 Mar 23
DEF 14A
Definitive proxy
23 Mar 23
10-K
2022 FY
Annual report
22 Feb 23
8-K
Veeco Reports Fourth Quarter and Fiscal Year 2022 Financial Results
15 Feb 23
8-K/A
Departure of Directors or Certain Officers
9 Feb 23
8-K
VEECO acquires epiluvac ab to accelerate penetration into
1 Feb 23
8-K
Amendments to Articles of Incorporation or Bylaws
10 Jan 23
8-K
Departure of Directors or Certain Officers
21 Nov 22
10-Q
2022 Q3
Quarterly report
7 Nov 22
8-K
Veeco Reports Third Quarter 2022 Financial Results
7 Nov 22
Transcripts
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
VECO
Earnings call transcript
2021 Q3
3 Nov 21
VECO
Earnings call transcript
2021 Q2
4 Aug 21
VECO
Earnings call transcript
2021 Q1
5 May 21
VECO
Earnings call transcript
2020 Q4
12 Feb 21
VECO
Earnings call transcript
2020 Q3
27 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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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 |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| 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) | 155.47 mm | 155.47 mm | 155.47 mm | 155.47 mm | 155.47 mm | 155.47 mm |
| Cash burn (monthly) | 4.73 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 14.28 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 141.19 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 29.8 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 178 |
| Opened positions | 30 |
| Closed positions | 20 |
| Increased positions | 71 |
| Reduced positions | 55 |
| 13F shares | Current |
|---|---|
| Total value | 918.21 bn |
| Total shares | 55.80 mm |
| Total puts | 36.60 k |
| Total calls | 10.10 k |
| Total put/call ratio | 3.6 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 8.39 mm | $155.88 bn |
| Vanguard | 5.95 mm | $110.51 bn |
| IVZ Invesco | 3.33 mm | $61.80 bn |
| Neuberger Berman | 3.22 mm | $59.76 bn |
| Wasatch Advisors | 3.16 mm | $58.71 bn |
| Paradigm Capital Management | 2.13 mm | $39.54 bn |
| Frontier Capital Management | 2.09 mm | $0.00 |
| Dimensional Fund Advisors | 1.99 mm | $36.94 mm |
| STT State Street | 1.66 mm | $30.92 bn |
| Manufacturers Life Insurance Company, The | 1.30 mm | $24.21 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 23 Mar 23 | Adrian Devasahayam | Common Stock | Payment of exercise | Dispose F | No | No | 20.77 | 14,422 | 299.54 k | 80,241.76 |
| 23 Mar 23 | Adrian Devasahayam | Common Stock | Option exercise | Acquire M | No | No | 0 | 37,284 | 0.00 | 94,663.76 |
| 23 Mar 23 | Kiernan John P | Common Stock | Payment of exercise | Dispose F | No | No | 20.77 | 27,948 | 580.48 k | 112,503 |
| 23 Mar 23 | Kiernan John P | Common Stock | Option exercise | Acquire M | No | No | 0 | 58,412 | 0.00 | 140,451 |
| 23 Mar 23 | Miller William John | Common Stock | Payment of exercise | Dispose F | No | No | 20.77 | 73,919 | 1.54 mm | 560,152 |
| 23 Mar 23 | Miller William John | Common Stock | Option exercise | Acquire M | No | No | 0 | 144,796 | 0.00 | 634,071 |
| 23 Mar 23 | Peter Porshnev | Common Stock | Payment of exercise | Dispose F | No | No | 20.77 | 13,773 | 286.07 k | 112,970.81 |
| 23 Mar 23 | Peter Porshnev | Common Stock | Option exercise | Acquire M | No | No | 0 | 37,284 | 0.00 | 126,743.81 |
| 17 Mar 23 | Kiernan John P | Common Stock | Payment of exercise | Dispose F | No | No | 21.29 | 2,884 | 61.40 k | 82,039 |
News
5 Value Stocks In The Technology Sector
21 Feb 23
Veeco Instruments Q4 EPS $0.38 Beats $0.32 Estimate, Sales $153.80M Miss $161.18M Estimate
15 Feb 23
Earnings Scheduled For February 15, 2023
15 Feb 23
Benzinga's Top Ratings Upgrades, Downgrades For January 23, 2023
23 Jan 23
Barclays Downgrades Veeco Instruments to Equal-Weight, Raises Price Target to $20
23 Jan 23