VECO Q3 2024 Earnings — Veeco Instruments Inc. Revenue & Financial Results | Market Cap Arena

VECOVeeco Instruments Inc.

$2B

Q3 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$185M+4.2% YoY

Gross Profit

$79M42.9% margin

Operating Income

$24M13.2% margin

Net Income

$22M11.9% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$14M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$526M

Stockholders' Equity

$747M

Cash & Equivalents

$163M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$185M	$177M	+4.2%
Gross Profit	$79M	$77M	+3.0%
Operating Income	$24M	$22M	+9.3%
Net Income	$22M	$25M	-10.7%

Revenue Segments

Semiconductor

$124M67%

Data Storage

$33M18%

Compound Semiconductor

$16M8%

Scientific And Other

$12M7%

Geographic Segments

Asia Pacific Excluding China

$61M33%

UNITED STATES

$59M32%

CHINA

$55M30%

EMEA

$10M5%

Rest Of World

$143,0000%