earnings
confidence high
sentiment neutral
materiality 0.60
Veeco Q4 revenue $182.1M, GAAP EPS $0.26; FY revenue $717.3M, GAAP EPS $1.23; guides Q1 $155-175M
VEECO INSTRUMENTS INC
2024-FY EPS reported
$1.23
revenue$717,301,000
- Revenue of $182.1M in Q4, up from $173.9M YoY; full-year $717.3M up from $666.4M.
- GAAP net income Q4 $15.0M ($0.26/diluted) vs $21.6M ($0.37) YoY; non-GAAP $24.2M ($0.41) vs $29.8M ($0.51).
- FY2024 GAAP net income $73.7M ($1.23) vs net loss $30.4M ($0.56 loss) in 2023; non-GAAP $104.3M ($1.74) vs $98.3M ($1.69).
- Q1 2025 guidance: revenue $155M-$175M, GAAP EPS $0.11-$0.22, non-GAAP EPS $0.26-$0.36.
- CEO says Semiconductor business outperformed WFE growth for 4th consecutive year; positioned for Laser Annealing, Ion Beam Deposition, Advanced Packaging.