Veeco Instruments will release Q4 2024 financial results on February 12, 2025, followed by a conference call.
Quiver AI Summary
Veeco Instruments Inc. announced that it will release its fourth quarter 2024 financial results on February 12, 2025, after market close, followed by a conference call at 5:00 PM ET. Participants can join the call by dialing specified numbers or accessing a live webcast on Veeco's investor relations website. A replay of the webcast will be available later that evening. Veeco is a manufacturer of semiconductor process equipment, offering technologies for the production and packaging of advanced semiconductor devices. The press release also includes a disclaimer regarding forward-looking statements and potential risks that could affect future results. For further information, contact details for investor and media relations are provided.
Potential Positives
- Veeco Instruments Inc. is scheduled to release its fourth quarter 2024 financial results, indicating transparency and commitment to informing stakeholders about company performance.
- The conference call allows investors and analysts to engage directly with the company, providing an opportunity for detailed discussion and clarification of the financial results.
- The inclusion of a live webcast enhances accessibility for a wider audience, facilitating greater transparency and investor engagement.
Potential Negatives
- Veeco's reliance on forward-looking statements presents a risk, as they acknowledge that actual results could differ materially from their expectations, indicating potential volatility in performance.
- The lack of specific guidance or key metrics ahead of the earnings release could raise concerns among investors regarding the company's performance trajectory.
- The mention of multiple risks and uncertainties without elaboration may lead to apprehension among stakeholders about underlying issues not being disclosed.
FAQ
When will Veeco release its fourth quarter 2024 financial results?
Veeco will release its fourth quarter 2024 financial results on February 12, 2025, after market close.
What time is the conference call for Veeco's financial results?
The conference call to review the results will start at 5:00 PM ET on February 12, 2025.
How can I join Veeco's conference call?
To join the call, dial 1-877-407-8029 (toll free) or 1-201-689-8029.
Will there be a replay of the conference call available?
Yes, a replay of the webcast will be available on Veeco's website starting at 8:00 PM ET the same day.
Where can I find more information about Veeco's offerings?
You can learn more about Veeco’s systems and service offerings by visiting www.veeco.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VECO Insider Trading Activity
$VECO insiders have traded $VECO stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $VECO stock by insiders over the last 6 months:
- JOHN P KIERNAN (SVP & CHIEF FINANCIAL OFFICER) has made 0 purchases and 6 sales selling 15,000 shares for an estimated $458,131.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VECO Hedge Fund Activity
We have seen 142 institutional investors add shares of $VECO stock to their portfolio, and 135 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- INVESCO LTD. removed 1,677,839 shares (-82.3%) from their portfolio in Q3 2024, for an estimated $55,586,806
- CHANNING CAPITAL MANAGEMENT, LLC added 1,512,544 shares (+382.1%) to their portfolio in Q3 2024, for an estimated $50,110,582
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 1,458,288 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $48,313,081
- WASATCH ADVISORS LP added 883,815 shares (+50.3%) to their portfolio in Q3 2024, for an estimated $29,280,790
- VOYA INVESTMENT MANAGEMENT LLC removed 616,544 shares (-95.7%) from their portfolio in Q3 2024, for an estimated $20,426,102
- NUVEEN ASSET MANAGEMENT, LLC removed 514,990 shares (-61.5%) from their portfolio in Q3 2024, for an estimated $17,061,618
- NEUMEIER POMA INVESTMENT COUNSEL LLC removed 487,825 shares (-40.0%) from their portfolio in Q3 2024, for an estimated $16,161,642
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
PLAINVIEW, N.Y., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its fourth quarter 2024 financial results after the market closes on Wednesday, February 12, 2025. The company will host a conference call to review these results starting at 5:00 PM ET that day.
To join the call, dial 1-877-407-8029 (toll free) or 1-201-689-8029. 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.
About Veeco
Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch & clean and lithography technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco’s systems and service offerings, visit
www.veeco.com
.
To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2023 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.
Veeco Contacts:
Investors: Anthony Pappone | (516) 500-8798 |
[email protected]
Media: Brenden Wright | (516) 714-1202 |
[email protected]