VECO Q1 2023 Earnings — Veeco Instruments Inc. Revenue & Financial Results | Market Cap Arena

VECOVeeco Instruments Inc.

$2B

Q1 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$154M-1.9% YoY

Gross Profit

$62M40.4% margin

Operating Income

$10M6.4% margin

Net Income

$9M5.7% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$7M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$582M

Stockholders' Equity

$586M

Cash & Equivalents

$141M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$154M	$156M	-1.9%
Gross Profit	$62M	$66M	-6.1%
Operating Income	$10M	$17M	-40.6%
Net Income	$9M	$13M	-34.4%

Revenue Segments

Semiconductor

$93M61%

Data Storage

$22M14%

Compound Semiconductor

$21M14%

Scientific And Other

$18M12%

Geographic Segments

China

$61M40%

Rest of APAC

$39M25%

United States

$31M20%

EMEA

$23M15%

Rest Of World

$54,0000%