Peter J. Simone
Peter J. Simone did not stand for election at the 2023 Annual Meeting and, upon the conclusion of the meeting, he resigned from the Board in accordance with the retirement age provisions in Veeco's Corporate Governance Guidelines.
Highest-materiality recent filing
Veeco Q2 revenue $193.5M (+16% YoY); raises FY2026 guidance above consensus
Revenue $193.5M vs $166.1M YoY; GAAP EPS $0.18, non-GAAP EPS $0.33.
Veeco Q1 revenue $158.3M; GAAP EPS ($0.01) loss vs $0.20 profit YoY
Revenue $158.3M, down 5.4% YoY from $167.3M.
Veeco Q4 2025 revenue $165M (-9% YoY); GAAP EPS $0.02 vs $0.26; expects FY26 revenue $740-800M
Q4 revenue $165.0M vs $182.1M YoY; GAAP net income $1.1M ($0.02 diluted EPS) vs $15.0M ($0.26).
Veeco shareholders approve merger with Axcelis; closing subject to China approval
53,408,907 shares (99.0% of votes cast) voted to adopt the merger agreement.
Veeco faces $15M revenue risk from export hold; merger clears UK/Sweden hurdles
Two Laser Annealing systems (≈$15M revenue) shipped to China held by U.S. Customs/BIS; revenue not yet recognized.
Veeco discloses three shareholder lawsuits over merger proxy; voluntarily supplements disclosures
Three complaints filed in NY state courts alleging inadequate proxy disclosures for Veeco-Axcelis merger; plaintiffs seek injunction or rescission.
Veeco Q3 rev down 10% YoY to $165.9M; GAAP EPS $0.17; non-GAAP $0.36; Q4 guide weak
Revenue $165.9M vs $184.8M YoY; GAAP net income $10.6M ($0.17 diluted).
Veeco to merge with Axcelis in stock-for-stock deal; Veeco holders get 0.3575 Axcelis shares
Exchange ratio 0.3575; Axcelis shareholders to own 58.4%, Veeco 41.6%.
Veeco Q2 revenue $166.1M, GAAP EPS $0.20, Non-GAAP EPS $0.36; Q3 rev guidance $150-170M
Revenue $166.1M vs $175.9M YoY; GAAP net income $11.7M ($0.20 diluted EPS) vs $14.9M ($0.25) YoY.
Veeco ups revolver to $250M, extends maturity to 2030, lowers pricing, loosens covenant
Senior secured revolver increased by $25M to $250M maximum principal.
Veeco Q1 revenue $167.3M, EPS down YoY; Q2 guides revenue $135-$165M
Q1 revenue $167.3M (from $174.5M YoY); GAAP net income $11.9M ($0.20 EPS) vs $21.9M ($0.37); Non-GAAP net income $22.2M ($0.37) vs $26.4M ($0.45).
Veeco Q4 revenue $182.1M, GAAP EPS $0.26; FY revenue $717.3M, GAAP EPS $1.23; guides Q1 $155-175M
Revenue of $182.1M in Q4, up from $173.9M YoY; full-year $717.3M up from $666.4M.
Veeco Q3: Revenue $184.8M (+4% YoY), GAAP EPS $0.36, Non-GAAP $0.46; Q4 guidance $165-185M
Revenue $184.8M vs $177.4M YoY (+4%); semiconductor revenue record, grew 26% YoY.
Veeco Q2 revenue $175.9M (+8.9% YoY), GAAP swing to profit $0.25 EPS, record Laser Annealing
Revenue $175.9M, up from $161.6M in Q2 2023 (+8.9% YoY).
Revenue $174.5M vs $153.5M YoY; GAAP net income $21.9M ($0.37 EPS) vs $8.7M ($0.17) YoY.
Veeco Q4 revenue $173.9M (+13% YoY), non-GAAP EPS $0.51; guides Q1 $160-180M
Q4 rev $173.9M (+13% YoY); GAAP net income $21.6M ($0.37 EPS); Non-GAAP net income $29.8M ($0.51 EPS).
Veeco Q3 revenue $177.4M, GAAP EPS $0.42, non-GAAP $0.53; Q4 guidance $155-175M
Revenue $177.4M in Q3 2023, up from $171.9M YoY; GAAP net income $24.6M vs $15.0M.
Veeco Q2 revenue $161.6M, GAAP net loss $85.3M from debt refinancing, Non-GAAP EPS $0.36
Revenue $161.6M vs $164.0M YoY; record Semiconductor revenue.
Veeco closes $230M 2.875% convertible notes due 2029; exchanges existing notes
Priced $205M notes plus $25M greenshoe fully exercised; net proceeds of ~$223.3M.
Veeco prices $205M 2.875% convertible notes due 2029; enters Note Exchanges
$205M aggregate principal, 2.875% interest, semiannual payments; matures June 1, 2029.
Veeco Q1 revenue $153.5M, GAAP EPS $0.17; guides Q2 rev $145-165M
Revenue $153.5M, down 1.9% YoY from $156.4M; GAAP net income $8.7M vs $13.3M.
Veeco reports Q4 rev $153.8M, GAAP EPS $2.00; FY rev $646.1M; Q1 guidance $130-150M
Q4 GAAP net income $128.9M ($2.00 diluted EPS) vs $8.2M ($0.15) a year ago, boosted by non-recurring items.
Veeco acquires Epiluvac AB for $30M cash plus $35M earn-out to enter SiC epitaxy market
Acquisition closed Jan 31, 2023; $30M cash at closing with up to $35M in performance-based earn-outs.
Veeco Q3 2022 revenue $171.9M (+14% YoY); GAAP EPS $0.27, Non-GAAP EPS $0.45
Revenue $171.9M vs $150.2M in Q3 2021; GAAP net income $15.0M ($0.27 diluted EPS) vs $9.0M ($0.17).
Veeco Q2 revenue $164M (+12% YoY); GAAP EPS $0.18, non-GAAP $0.35
Revenue $164.0M vs $146.3M YoY; GAAP net income $9.7M ($0.18 diluted EPS) vs $6.3M ($0.12).
Veeco Q1 rev $156.4M (+17% YoY), GAAP EPS $0.24; semicon sales up 50% YoY
Revenue $156.4M (+17% YoY); GAAP diluted EPS $0.24 vs $0.05; non-GAAP diluted EPS $0.38 vs $0.25
Veeco Q4 revenue $153M, GAAP EPS $0.15, non-GAAP EPS $0.43; guides Q1 rev $145-$165M
Q4 revenue $153.0M, up 10% YoY from $138.9M; GAAP net income $8.2M ($0.15 diluted EPS) vs net loss $0.1M a year ago.
Veeco repurchases $111.5M of 2.70% convertible notes due 2023, retiring over 80% of maturity
Cash consideration of ~$115.6M plus ~$1.0M accrued interest for $111.5M principal repurchase from Lynrock Lake Master Fund LP.
Veeco Q3 revenue $150.2M (+34% YoY); Non-GAAP EPS $0.40 vs $0.22; Q4 guidance raised
Revenue $150.2M, GAAP net income $9.0M ($0.17 diluted EPS) vs $0.6M ($0.01) in Q3 2020.
Veeco Q2 revenue $146.3M, GAAP EPS $0.12, non-GAAP EPS $0.35; Q3 revenue guidance $135-155M
Revenue $146.3M (+48% YoY from $98.6M); GAAP net income $6.3M vs loss of $8.3M YoY.
Peter J. Simone did not stand for election at the 2023 Annual Meeting and, upon the conclusion of the meeting, he resigned from the Board in accordance with the retirement age provisions in Veeco's Corporate Governance Guidelines.
Effective as of November 21, 2022, Veeco’s Board of Directors voted to increase the size of the Board from nine to ten directors and to appoint Lena Nicolaides, Ph.D., as a Class II director, to hold office until the 2023 Annual Meeting of Stockholders.
On August 13, 2021, Veeco’s Board of Directors voted to increase the size of the Board from eight to nine directors and to appoint Sujeet Chand as a Class I director, to hold office until the 2022 Annual Meeting of Stockholders.
Max materiality 0.95 · Median 0.65 · Most common event earnings