Veeco reports Q1 2026 financial results
Revenue reaches $158.3 million with GAAP net loss of $0.3 million. Non-GAAP net income is $8.9 million. Provides Q2 and FY 2026 guidance.
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semiconductor process equipment manufacturer
veeco.comLast updated
In short: Veeco secured stockholder approval for a $4.4 billion merger with Axcelis while achieving record equipment orders driven by AI semiconductor demand.
Revenue reaches $158.3 million with GAAP net loss of $0.3 million. Non-GAAP net income is $8.9 million. Provides Q2 and FY 2026 guidance.
Orders from multiple customers for Spector IBD, Lumina MOCVD, and WaferEtch systems support InP laser manufacturing for silicon photonics, with deliveries starting 2026.
A global leader in optical communications ordered multiple Lumina MOCVD and Spector IBD systems for InP laser manufacturing to support AI server optical transceivers.
Q4 revenue $165M, net income $1.1M; FY revenue $664M, net income $35.4M. Provides Q1 and FY 2026 guidance. Mentions planned Axcelis merger.
Veeco announces first commercial acceptance of LUMINA+ system...
Veeco Instruments announced on Tuesday that a leading logic customer placed a follow-on order for its Nanosecond Annealing System (NSA500) after successfully completing evaluation ...
Axcelis Technologies and Veeco Instruments have both secured stockholder approval for their previously announced merger, aimed at establishing a major entity in the semiconductor equipment...
VEECO INSTRUMENTS INC has an Investment Rating of HOLD; a target price of $57.000000; an Industry Subrating of High; a Management Subrating of Low; a...
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