VECO Stock Recent News

Veeco (VECO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Here is how Veeco Instruments (VECO) and AppFolio (APPF) have performed compared to their sector so far this year.

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 16, 2023.:

IMGN, AQST, BUR, GWRE and VECO have been added to the Zacks Rank #1 (Strong Buy) List on November 16, 2023.

Veeco Instruments, Inc. (NASDAQ:VECO ) Q3 2023 Earnings Conference Call November 6, 2023 5:00 PM ET Company Participants Anthony Pappone - Head of IR William Miller - Chief Executive Officer John Kiernan - Senior Vice President and Chief Financial Officer Conference Call Participants Charles Shi - Needham Brian Lee - Goldman Sachs Thomas O'Malley - Barclays Gus Richard - Northland Capital David Duley - Steelhead Securities Mark Miller - Benchmark Operator Good afternoon, and welcome to the Veeco Instruments Q3 2023 Earnings Call. Today's conference is being recorded Now at this time, I would like to turn the conference over to Anthony Pappone, Head of Investor Relations.

Veeco has been executing better in its core business despite downturns in areas like hard drive capex, and recently won its first laser anneal business with a memory chip company. The company is targeting new growth opportunities in SiC epitaxy, nanosecond anneal, and ion beam deposition, and success here could generate hundreds of millions of incremental revenue dollars. Veeco's core business in laser anneal and MOCVD still offers attractive opportunities in areas like advanced logic circuits, photonics, microLEDs, and GaN/AsP chips.

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.

The Zacks Electronics - Manufacturing Machinery industry participants like MKS Instruments (MKSI), Axcelis (ACLS) and Veeco Instruments (VECO), are benefiting from increased capital spending on high-performance computing, advanced packaging and memory.

Does Veeco Instruments (VECO) have what it takes to be a top stock pick for momentum investors? Let's find out.

Does Veeco Instruments (VECO) have what it takes to be a top stock pick for momentum investors? Let's find out.