Solid Financial Performance
Veeco delivered revenue of $167 million, above the midpoint of guidance, with non-GAAP operating income of $24 million and non-GAAP EPS of $0.37, above the high-end of guidance.
Strategic Wins and Customer Recognition
Veeco received Intel's 2025 EPIC supplier award for excellence in anneal technology and secured significant orders for laser annealing systems from leading-edge logic customers.
Growth in Semiconductor Segment
The semiconductor business showed strong performance, growing 10% sequentially and 3% year-over-year, driven by advanced packaging and lithography systems.
Strong Demand in Advanced Packaging
Veeco announced $35 million in lithography orders and expects the advanced packaging business to double in 2025 due to AI and high-performance computing demand.