Veeco

Veeco Ships First 300mm Ion Beam Deposition System to Tier 1 Memory Customer

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Monday, November 27, 2023
IBD, Physical vapor deposition, PVD, Logic, VECO, Semi, Ruthenium, Artificial intelligence, Machine learning, Tungsten, Molybdenum, Veeco, DRAM

PLAINVIEW, N.Y., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) announced today that it has shipped its first IBD300™ Ion Beam Deposition (IBD) System to a Tier 1 memory customer for evaluation.

Key Points: 
  • PLAINVIEW, N.Y., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) announced today that it has shipped its first IBD300™ Ion Beam Deposition (IBD) System to a Tier 1 memory customer for evaluation.
  • With this product launch, Veeco introduces a differentiated deposition technology to the semiconductor industry that is expected to enable the industry’s roadmap.
  • Compared to conventional sputter deposition technologies like Physical Vapor Deposition (PVD), Veeco’s IBD300 System has proven to achieve up to twenty percent lower film resistivity.
  • The superior on-wafer performance is achieved by using unique ion beam deposition hardware and process parameters to control the grain orientation and grain size of the thin metal film.

Veeco Announces Upcoming Investor Events

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Thursday, November 16, 2023
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UBS Global Technology Conference on Wednesday, November 29, 2023, at The Phoenician Hotel in Scottsdale, AZ.

Key Points: 
  • UBS Global Technology Conference on Wednesday, November 29, 2023, at The Phoenician Hotel in Scottsdale, AZ.
  • Veeco management will be participating in a fireside chat at 6:05 PM EST.
  • The chat will be available via webcast on the events page of ir.veeco.com .
  • Veeco management will be available to meet one-on-one with investors during these conferences.

Veeco Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 6, 2023
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PLAINVIEW, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its third quarter ended September 30, 2023. Results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and are also reported adjusting for certain items (“Non-GAAP”). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.

Key Points: 
  • “Veeco reported another quarter of strong top and bottom-line results, both above the high-end of our guidance,” commented Bill Miller, Ph.D., Veeco’s Chief Executive Officer.
  • Veeco had several key business wins during the quarter, and we recently shipped our first Nanosecond Annealing system to a Tier 1 logic customer for evaluation.
  • We view this as an important milestone in expanding laser annealing into a broad range of new Semiconductor applications.”
    The following guidance is provided for Veeco’s fourth quarter 2023:
    A conference call reviewing these results has been scheduled for today, November 6, 2023 starting at 5:00pm ET.
  • A replay of the webcast will be made available on the Veeco website that evening.

Veeco Ships First Nanosecond Annealing System to a Tier 1 Logic Customer

Retrieved on: 
Monday, November 6, 2023
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PLAINVIEW, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) announced it shipped its first NSA500™ Nanosecond Annealing (NSA) System to a Tier 1 logic customer.

Key Points: 
  • PLAINVIEW, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) announced it shipped its first NSA500™ Nanosecond Annealing (NSA) System to a Tier 1 logic customer.
  • With this product launch, Veeco solidifies its leadership in advanced laser annealing technology.
  • Compared to traditional annealing solutions, the NSA500 System is able to precisely anneal relevant surface layers without damaging the underlying device due to its nanosecond scale dwell time and high temperatures.
  • Veeco is planning shipment of its second evaluation system to another Tier 1 customer within the next few months and sees potential for initial high-volume manufacturing orders in late 2024 or 2025.

PACKSIZE ANNOUNCES THE APPOINTMENT OF TWO NEW BOARD DIRECTORS

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Monday, November 6, 2023
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SALT LAKE CITY, Nov. 6, 2023 /PRNewswire/ -- Packsize, the market leader in sustainable, right-sized, on-demand packaging, announced the appointment of David Lockwood and Sujeet Chand to its Board of Directors. The appointment will be effective November 1st.

Key Points: 
  • SALT LAKE CITY, Nov. 6, 2023 /PRNewswire/ -- Packsize , the market leader in sustainable, right-sized, on-demand packaging, announced the appointment of David Lockwood and Sujeet Chand to its Board of Directors.
  • "I couldn't be more pleased with our selection of David and Sujeet as our new Board Directors," said Joel Peterson, Chairman of the Board, Packsize.
  • His extensive leadership experience makes Lockwood well-qualified to serve as a member of the Packsize Board of Directors.
  • "As a new Board member, I'm excited to embark on this journey with Packsize and play a part in shaping the future of sustainable packaging," said Chand.

Veeco Announces Date For Third Quarter Financial Results And Conference Call

Retrieved on: 
Monday, October 16, 2023
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PLAINVIEW, N.Y., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its third quarter 2023 financial results after the market closes on Monday, November 6, 2023.

Key Points: 
  • PLAINVIEW, N.Y., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its third quarter 2023 financial results after the market closes on Monday, November 6, 2023.
  • The company will host a conference call to review these results starting at 5:00 PM ET that day.
  • Participants may also access a live webcast of the call by visiting the investor relations section of Veeco's website at ir.veeco.com .
  • A replay of the webcast will be made available on the Veeco website beginning at 8:00 PM ET that same evening.

Veeco Reports Second Quarter 2023 Financial Results With Record Semiconductor Revenue

Retrieved on: 
Monday, August 7, 2023
Webcast, Laser, Memory, Veeco

PLAINVIEW, N.Y., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its second quarter ended June 30, 2023. Results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and are also reported adjusting for certain items (“Non-GAAP”). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.

Key Points: 
  • “Veeco had another solid quarter with strong top and bottom-line Non-GAAP results driven by record Semiconductor revenue,” commented Bill Miller, Ph.D., Veeco’s Chief Executive Officer.
  • Participants may also access a live webcast of the call by visiting the investor relations section of Veeco's website at ir.veeco.com .
  • A replay of the webcast will be made available on the Veeco website that evening.
  • We will post an accompanying slide presentation to our website prior to the beginning of the call.

Veeco Announces Upcoming Investor Events

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Wednesday, August 2, 2023
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PLAINVIEW, N.Y., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to participate in the following investor events:

Key Points: 
  • PLAINVIEW, N.Y., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to participate in the following investor events:
    Oppenheimer 26th Annual Technology, Internet & Communications Conference on Wednesday, August 9, 2023.
  • Veeco management will present virtually at 12:25 PM ET.
  • The presentation will be available via webcast on the events page of ir.veeco.com .
  • Northland Capital Markets Institutional Investor Conference 2023 on Tuesday, September 19, 2023, at the Minneapolis Marriott City Center in Minneapolis, MN.

Veeco Announces Date for Second Quarter Financial Results and Conference Call

Retrieved on: 
Thursday, July 13, 2023
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PLAINVIEW, N.Y., July 13, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its second quarter 2023 financial results after the market closes on Monday, August 7, 2023.

Key Points: 
  • PLAINVIEW, N.Y., July 13, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its second quarter 2023 financial results after the market closes on Monday, August 7, 2023.
  • The company will host a conference call to review these results starting at 5:00 PM ET that day.
  • Participants may also access a live webcast of the call by visiting the investor relations section of Veeco's website at ir.veeco.com .
  • A replay of the webcast will be made available on the Veeco website beginning at 8:00 PM ET that same evening.

Veeco Announces Pricing of Private Offering of $205 Million of 2.875% Convertible Senior Notes

Retrieved on: 
Wednesday, May 17, 2023
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PLAINVIEW, N.Y., May 17, 2023 (GLOBE NEWSWIRE) --  Veeco Instruments Inc. (“Veeco”) (NASDAQ: VECO) announced today the pricing of a private offering of $205 million aggregate principal amount of 2.875% Convertible Senior Notes due 2029 (the “notes”).

Key Points: 
  • PLAINVIEW, N.Y., May 17, 2023 (GLOBE NEWSWIRE) --  Veeco Instruments Inc. (“Veeco”) (NASDAQ: VECO) announced today the pricing of a private offering of $205 million aggregate principal amount of 2.875% Convertible Senior Notes due 2029 (the “notes”).
  • Veeco also granted the initial purchasers of the notes a 30-day option to purchase up to an additional $25.0 million aggregate principal amount of the notes.
  • Veeco estimates that the net proceeds from the offering will be approximately $198.9 million (or approximately $223.3 million if the initial purchasers exercise their option to purchase additional notes in full), after deducting fees and estimated expenses payable by Veeco.
  • If the initial purchasers exercise their option to purchase additional notes, Veeco intends to use the net proceeds from the sale of such additional notes for general corporate purposes.