VECO Q2 2024 Earnings — Veeco Instruments Inc. Revenue & Financial Results | Market Cap Arena

VECOVeeco Instruments Inc.

$2B

Q2 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$176M+8.8% YoY

Gross Profit

$75M42.9% margin

Operating Income

$17M9.5% margin

Net Income

$15M8.5% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$6M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$520M

Stockholders' Equity

$715M

Cash & Equivalents

$174M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$176M	$162M	+8.8%
Gross Profit	$75M	$68M	+11.7%
Operating Income	$17M	$14M	+22.2%
Net Income	$15M	-$85M	+117.5%

Revenue Segments

Semiconductor

$110M63%

Data Storage

$34M19%

Compound Semiconductor

$18M10%

Scientific And Other

$14M8%

Geographic Segments

CHINA

$65M37%

Asia Pacific Excluding China

$44M25%

UNITED STATES

$43M24%

EMEA

$24M14%

Rest Of World

$22,0000%