|Bid||20.93 x 1000|
|Ask||20.95 x 1100|
|Day's Range||20.62 - 21.15|
|52 Week Range||8.91 - 23.13|
|Beta (5Y Monthly)||1.41|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Joining me on the call today are Bill Miller, Veeco's Chief Executive Officer; and John Kiernan, our Chief Financial Officer. Today's earnings release is available on the Veeco website. This call is being recorded by Veeco Instruments and is copyrighted material.
Veeco (VECO) delivered earnings and revenue surprises of -3.23% and 7.49%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Veeco Instruments (NASDAQ:VECO) moved lower in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 172.73% over the past year to $0.30, which were in line with the estimate of $0.30. Revenue of $138,946,000 higher by 22.74% from the same period last year, which beat the estimate of $129,110,000. Guidance Q1 EPS expected between $0.12 and $0.30. Q1 revenue expected to be between $115,000,000 and $135,000,000. Conference Call Details Date: Feb 11, 2021 View more earnings on VECO Time: 05:00 PM ET Webcast URL: https://event.on24.com/eventRegistration/eventRegistrationServlet?referrer=https%3A%2F%2Fir.veeco.com%2F&eventid=2948503&sessionid=1&key=11845E3E8806DFAF7C21D5F15B8EA9CC®Tag=&V2=false Recent Stock Performance Company's 52-week high was at $21.34 Company's 52-week low was at $7.42 Price action over last quarter: Up 63.20% Company Description Veeco Instruments Inc is a United States-based company that is principally engaged in designing, developing, and manufacturing thin-film process equipment, which is mainly used to produce electronic devices. The company's product categories by market consist of lighting, display, and power electronics; advanced packaging; MEMS and RF; scientific and industrial; and data storage. The lighting, display, and power electronics market accounts for over half of total revenue. The company offers products and services in the United States; China; Europe, the Middle East, and Africa, or EMEA; and the rest of the world, with overseas markets contributing the majority of total revenue. See more from BenzingaClick here for options trades from BenzingaEarnings Scheduled For February 11, 2021Veeco Instruments Earnings Preview© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.