VECO Q3 2023 Earnings — Veeco Instruments Inc. Revenue & Financial Results | Market Cap Arena

VECOVeeco Instruments Inc.

$2B

Q3 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$177M+3.2% YoY

Gross Profit

$77M43.3% margin

Operating Income

$22M12.6% margin

Net Income

$25M13.9% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+9.7%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$659,000

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$602M

Stockholders' Equity

$644M

Cash & Equivalents

$156M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$177M	$172M	+3.2%
Gross Profit	$77M	$70M	+9.9%
Operating Income	$22M	$18M	+26.8%
Net Income	$25M	$15M	+63.4%

Revenue Segments

Semiconductor

$98M55%

Data Storage

$34M19%

Compound Semiconductor

$26M14%

Scientific And Other

$20M11%

Geographic Segments

UNITED STATES

$58M33%

Asia Pacific Excluding China

$52M29%

CHINA

$41M23%

EMEA

$26M15%

Rest Of World

$109,0000%