VEECO INSTRUMENTS INC

Veeco Instruments Inc. announced that its management is scheduled to participate in four upcoming investor events. These include Needham's 7th Annual Virtual Semiconductor & SemiCap 1x1 Conference on August 19, 2026, and the Jefferies 2026 Semiconductor, IT Hardware & Communications Technology Conference on August 25, 2026. Additionally, management will attend Citi's 2026 Global Tech/Media/Telecom (TMT) Conference on September 9, 2026, and StoneX's 2026 TMT Conference on September 10, 2026.

Veeco Instruments reported mixed financial results for Q2 2026, with net sales increasing 16.5% to $193.5 million. However, year-to-date net income for the first half of 2026 significantly decreased by 51.3% to $11.5 million, impacting diluted EPS which fell to $0.18. The company also noted strong net cash provided by operating activities, which more than doubled to $59.4 million, and incurred $3.5 million in merger-related costs year-to-date in connection with its pending merger with Axcelis Technologies, Inc.

Veeco Instruments reported strong Q2 2026 financial results, with revenue of $193.5 million, an increase of 16.5% year-over-year, and non-GAAP diluted EPS of $0.33. The company exceeded its own guidance for the quarter, driven by increased demand from the rapid expansion of AI and robust order activity, including $200 million in Advanced Packaging orders. Veeco also provided optimistic guidance for Q3 and revised its full-year 2026 outlook, expressing confidence in its long-term growth.

Veeco Instruments reported strong second-quarter 2026 results, with revenue increasing 16.5% year-over-year to $193.5 million, exceeding market expectations. The company's Non-GAAP net income was $21.8 million, or $0.33 per diluted share. Driven by increased demand from AI expansion, Veeco raised its full-year 2026 revenue guidance to $780 million - $810 million and Non-GAAP diluted EPS guidance to $1.36 - $1.61, reflecting confidence in its long-term growth outlook.

Veeco Instruments announced that its LUMINA+ Metal Organic Chemical Vapor Deposition (MOCVD) system has been selected by a global leader in optical and photonic technologies. The system will be used to fabricate indium phosphide (InP) lasers for communication solutions in the datacom industry. This adoption extends the LUMINA+ system's strong position across all major arsenide and phosphide epitaxial applications, including the rapidly expanding InP laser market, which is crucial for the growing optical transceiver industry. The optical transceiver market is expected to reach $39 billion in 2026, driven by hyperscaler investments and AI demand.

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.