VECO Q2 2023 Earnings — Veeco Instruments Inc. Revenue & Financial Results | Market Cap Arena

VECOVeeco Instruments Inc.

$2B

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$162M-1.4% YoY

Gross Profit

$68M41.8% margin

Operating Income

$14M8.5% margin

Net Income

-$85M-52.8% margin

EPS (Diluted)

$-1.61

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$7M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$616M

Stockholders' Equity

$613M

Cash & Equivalents

$181M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$162M	$164M	-1.4%
Gross Profit	$68M	$64M	+5.0%
Operating Income	$14M	$13M	+6.7%
Net Income	-$85M	$10M	-983.7%

Revenue Segments

Semiconductor

$106M66%

Compound Semiconductor

$24M15%

Scientific And Other

$17M11%

Data Storage

$14M9%

Geographic Segments

Rest of APAC

$58M36%

China

$50M31%

United States

$36M22%

EMEA

$18M11%

Rest Of World

$85,0000%