NASDAQ$VECO

Veeco Instruments Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Veeco reported solid Q4 2021 financial results, exceeding revenue and EPS guidance.

Veeco Instruments Inc. announced its Q4 and Fiscal Year 2021 financial results, with Q4 revenues reaching $153.0 million compared to $138.9 million in the same period last year. GAAP net income was $8.2 million, or $0.15 per diluted share, compared to a net loss of $0.1 million, or $(0.00) per diluted share in the same period last year. Non-GAAP net income was $22.6 million, or $0.43 per diluted share, compared to $15.0 million, or $0.30 per diluted share in the same period last year.

  • Revenues for Q4 2021 reached $153.0 million, up from $138.9 million year-over-year.
  • GAAP net income for Q4 2021 was $8.2 million, or $0.15 per diluted share, compared to a net loss of $0.1 million year-over-year.
  • Non-GAAP net income for Q4 2021 was $22.6 million, or $0.43 per diluted share, compared to $15.0 million year-over-year.
  • Demand in semiconductor and compound semiconductor markets is exceptionally strong.

Headline financials

Total Revenue

$153M

Previous: $139M+10.1%
EPS (adj)

$0.43

Previous: $0.30+43.3%
Capital Expenditures

$9.19M

No prior period
Free Cash Flow

$7.9M

No prior period
Net Income

$8.2M

Previous: -$102K+8139.2%
Operating Income

$17.6M

Previous: $17.6M+0.1%
Gross Profit

$64M

Previous: $56.8M+12.6%
Cash & Equivalents

$120M

Previous: $130M-7.6%
Total Assets

$899M

Previous: $898M+0.1%
Stock-Based Comp

$3.51M

No prior period

Revenue & EPS history

Veeco · Revenue · Quarterly

$153M

Q4 2021+10.1%vs Q4 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.9%

Avg return

Earnings day

+3.6%

Avg return

5 days after

+2.3%

Avg return

30 days after

55%

36 / 65 earnings

Positive

+26.4%

Q1 2020

Best reaction

-26.6%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.7%+16.7%+25.0%
Q4 2025+7.7%+14.1%+23.9%
Q3 2025-1.0%+3.8%+8.8%
Q1 2025+5.5%+12.2%+8.9%
Q4 2024+2.6%+5.6%-9.2%
Q3 2024-0.2%-3.5%-4.6%
Q2 2024-5.9%+4.2%-10.3%
Q1 2024+4.8%+1.4%+15.7%
Q4 2023+3.8%+3.8%-1.3%
Q3 2023+6.6%+9.7%+9.7%
Q2 2023+6.7%+6.2%+2.3%
Q1 2023+9.2%+11.9%+36.9%
Q4 2022+6.1%+6.1%+2.0%
Q3 2022+1.8%+9.6%+4.8%
Q2 2022-5.3%+4.8%-10.4%
Q1 2022-16.0%-6.7%-7.7%
Q4 2021-5.1%-6.0%+1.5%
Q3 2021+10.2%+9.6%+5.1%
Q2 2021-2.7%+0.3%+0.3%
Q1 2021-2.9%-0.4%+4.4%
Q4 2020+8.2%+7.2%+9.4%
Q3 2020-0.2%-0.7%+29.0%
Q2 2020+4.0%+1.2%-6.6%
Q1 2020+26.4%+15.7%+30.8%
Q4 2019+14.2%+2.1%-35.7%
Q3 2019+17.4%+8.5%-5.7%
Q2 2019+4.2%-6.1%-22.0%
Q1 2019+12.0%+8.9%-9.5%
Q4 2018+3.6%+7.0%-0.1%
Q3 2018-7.5%-4.6%-7.9%
Q2 2018-21.4%-20.7%-18.6%
Q1 2018-2.1%-5.3%+1.2%
Q4 2017+13.9%+25.2%+24.2%
Q3 2017-6.6%-7.7%-9.7%
Q2 2017-26.6%-27.7%-34.8%
Q1 2017-1.6%-3.0%-7.9%
Q4 2016+3.0%+5.6%+10.7%
Q3 2016+4.4%+11.5%+19.8%
Q2 2016+10.8%+18.3%+17.3%
Q1 2016-5.5%
Q4 2015-11.9%
Q3 2015-11.1%
Q2 2015-7.3%
Q1 2015+5.4%
Q4 2014+2.9%
Q3 2014+8.5%
Q2 2014-2.2%
Q1 2014-5.9%
Q4 2013-2.2%
Q3 2013-1.4%
Q2 2013+8.7%
Q1 2013+15.4%
Q4 2012-4.8%
Q3 2012+4.8%
Q2 2012+12.2%
Q1 2012+2.6%
Q4 2009+1.7%
Q4 2011+1.7%
Q3 2011-10.2%
Q3 2010-10.2%
Q2 2010-9.1%
Q2 2011-9.1%
Q1 2010+2.4%
Q4 2010+2.4%
Q1 2011+2.4%

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