Veeco Instruments Inc. (VECO)

Veeco Instruments Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	687.42	666.44	646.14	583.28	454.16	419.35
Revenue Growth (YoY)	6.87%	3.14%	10.78%	28.43%	8.30%	-22.64%
Cost of Revenue	388.95	381.38	382.99	341	259.86	261.16
Gross Profit	298.46	285.06	263.15	242.27	194.3	158.19
Selling, General & Admin	94.83	92.76	88.95	84.54	76.25	79.75
Research & Development	114.93	112.85	103.57	88.68	78.99	90.56
Other Operating Expenses	6.52	9.51	10.34	12.35	16.49	27.47
Operating Expenses	216.28	215.12	202.85	185.56	171.74	197.77
Operating Income	82.18	69.94	60.3	56.71	22.57	-39.58
Interest Expense / Income	11.51	11.77	11.51	28.36	24.74	22.09
Other Expense / Income	85.26	86.51	-2.2	2.67	6.29	16.29
Pretax Income	-14.59	-28.34	50.99	25.68	-8.46	-77.96
Income Tax	2.66	2.03	-115.96	-0.36	-0.07	0.78
Net Income	-17.26	-30.37	166.94	26.04	-8.39	-78.73
Net Income Growth	-	-	541.15%	-	-	-
Shares Outstanding (Basic)	56	54	50	49	48	47
Shares Outstanding (Diluted)	61	54	66	54	48	47
Shares Change	1.52%	-18.04%	22.30%	10.92%	1.85%	0.70%
EPS (Basic)	-0.36	-0.56	3.35	0.53	-0.17	-1.66
EPS (Diluted)	-0.40	-0.56	2.71	0.49	-0.17	-1.66
EPS Growth	-	-	453.06%	-	-	-
Free Cash Flow	32.18	33.74	83.88	27.1	36.22	-18.29
Free Cash Flow Per Share	0.57	0.63	1.68	0.55	0.75	-0.39
Gross Margin	43.42%	42.77%	40.73%	41.54%	42.78%	37.72%
Operating Margin	11.95%	10.49%	9.33%	9.72%	4.97%	-9.44%
Profit Margin	-2.51%	-4.56%	25.84%	4.46%	-1.85%	-18.78%
Free Cash Flow Margin	4.68%	5.06%	12.98%	4.65%	7.97%	-4.36%
Effective Tax Rate	-	-	-227.43%	-1.39%	-	-
EBITDA	22.02	8.4	88.14	80.1	46.97	-21.47
EBITDA Margin	3.20%	1.26%	13.64%	13.73%	10.34%	-5.12%
Depreciation & Amortization	25.1	24.97	25.65	26.06	30.7	34.4
EBIT	-3.08	-16.57	62.5	54.04	16.28	-55.87
EBIT Margin	-0.45%	-2.49%	9.67%	9.26%	3.58%	-13.32%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).