VEECO INSTRUMENTS INC

Veeco Instruments Inc. announced it will release its second quarter 2026 financial results after the market closes on Wednesday, August 5, 2026. The company will host a conference call to review these results at 5:00 PM ET on the same day. Investors can access the call via dial-in numbers or a live webcast on Veeco's investor relations website, with a replay available later that evening.

Veeco Instruments announced the first commercial acceptance and qualification of its LUMINA+ metal organic chemical vapor deposition (MOCVD) system by Ennostar Corporation. This system is positioned as a game-changer for high-volume arsenide and phosphide (As/P) production, enabling advanced optoelectronic devices. The LUMINA+ system, featuring the industry's largest-capacity reactor and high throughput, is now qualified for production after an evaluation process that began in late 2025. This development aligns with the rapidly growing microLED display panel market, which is projected to reach nearly $7 billion by 2032 with an 87% CAGR.

Veeco Instruments announced a follow-on order for its Nanosecond Annealing System (NSA500"), following the successful acceptance of its evaluation tool by a leading logic customer. The company also shipped an NSA500 system to a third advanced logic customer for evaluation, highlighting growing confidence in its technology for advanced node manufacturing. These developments underscore increasing customer engagement and the critical role of laser annealing in next-generation semiconductor device architectures.

Veeco Instruments Inc. announced that its management is scheduled to participate in four upcoming investor events in May and June 2026. These include the TD Cowen 54th Annual Technology, Media & Telecom Conference, the Stifel 2026 Cross Sector 1x1 Conference, the Mizuho Technology Conference, and the Northland Growth Virtual Conference.

Veeco Instruments reported a net loss of $0.32 million for the first quarter of 2026, a significant decline from a net income of $11.95 million in the same period last year. Net sales decreased by 5.3% to $158.34 million. The company also incurred $2.01 million in merger-related costs during the quarter, as it continues with its pending merger with Axcelis Technologies, Inc., announced in September 2025.

Veeco Instruments Inc. announced it received orders totaling over $250 million from multiple customers for its Spector® Ion Beam Deposition (IBD), Lumina® Metal Organic Chemical Vapor Deposition (MOCVD), and WaferEtch® Wet Processing systems. These orders are driven by momentum in silicon photonics, supporting the manufacturing of Indium Phosphide (InP) lasers, with deliveries beginning in 2026 and significantly accelerating in 2027. A substantial portion of the orders are for Spector® IBD from leading manufacturers of 800G and 1.6T optical transceivers for hyperscale data centers, underscoring Veeco's expanding role in the rapidly growing optical interconnect market.

Veeco Instruments reported its first quarter 2026 financial results, with revenue decreasing to $158.3 million from $167.3 million in the prior year period. The company posted a GAAP net loss of $(0.3) million, or $(0.01) per diluted share, a significant decline from a net income of $11.9 million, or $0.20 per diluted share, in Q1 2025. Non-GAAP net income was $8.9 million, or $0.14 per diluted share. Veeco provided Q2 2026 guidance, expecting revenue between $170 million and $190 million, and reaffirmed its full-year 2026 guidance, citing strong order activity driven by AI data centers and high-performance computing.

Veeco Instruments Inc. announced its plan to release first quarter 2026 financial results after market close on Tuesday, May 5, 2026. The company will host a conference call to discuss these results at 5:00 PM ET on the same day. Investors can join the call by dialing 1-877-407-8029 or 1-201-689-8029, or by accessing a live webcast on Veeco's investor relations website.