Industry Headlines

Veeco Reports Quarterly Revenue of $300 M in Q4

February 11, 2011
/ Print / Reprints /
/ Text Size+

Plainview, NY –For continuing operations in fourth-quarter 2010 (excluding the Metrology business, sold to Bruker Corp of Billerica, MA, USA on 7 October), epitaxial deposition and process equipment maker. Veeco Instruments Inc. has reported record revenue of $300 M, up 8% on Q3’s $277.1 M and up 152% a year ago.

Of this, 14% came from Data Storage revenue of $41.9 M-its best since Q4 of 2008-up 21% on Q3’s $34.5 M and double the $21 M of a year ago.

The other 86% of total revenue came from record LED & Solar revenue of $258.1 M, up 6% on Q3’s $242.6 M and up 163% on $98.1 M a year ago.

“The fourth quarter of 2010 was the best in our history,” says CEO John R. Peeler. Also, 2010 was the best year in Veeco’s history. For full-year 2010, revenue was a record $933 M, up 230% on 2009’s $282.4 M.

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.




 In honor of World Quality Month, we spoke to James Rooney, ASQ Past Chairman of the Board of Directors 2013, for his take on quality around the world.
For more information, read the ASQ Speaking of Quality column.
More Podcasts

Quality Magazine


2014 September

Check out the September 2014 edition of Quality Magazine for features!

Table Of Contents Subscribe

The Skills Gap

What is the key to solving the so-called skills gap in the quality industry?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.



facebook_40.png twitter_40px.png  youtube_40px.pnglinkedin_40px.png