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Stock impact report

Veeco Instruments Battered As Doubts Mount [Seeking Alpha]

Veeco Instruments Inc. (VECO) 
Last veeco instruments inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.veeco.com/home/default.aspx
Company Research Source: Seeking Alpha
Veeco Instruments Battered As Doubts MountSummaryVeeco had an awful 2017 as the company saw growing, serious, challenges to its cornerstone MOCVD franchise and Ultratech saw an unexpected slowdown in demand for advanced packaging tools.Veeco's profitability should ramp significantly if and when revenue gets above $700 million, and underlying demand for LEDs and advanced packaging still looks healthy.$17.50 looks like a fair price today based on revenue and margins, but positives like a strong backlog and recent orders are offset with growing competitive risks. Show less Read more
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