Veeco Instruments Inc (VECO) Files 10-K for the Fiscal Year Ended on December 31, 2018

Veeco Instruments Inc (VECO, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Veeco Instruments Inc is a semiconductor manufacturer. It develops thin film equipment, which is used in making electronic devices including LED, power electronics, wireless devises and hard disk drives. Veeco Instruments Inc has a market cap of $569.230 million; its shares were traded at around $11.91 with and P/S ratio of 0.95.

For the last quarter Veeco Instruments Inc reported a revenue of $99.0 million, compared with the revenue of $148.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $542.1 million, an increase of 11.8% from last year. For the last five years Veeco Instruments Inc had an average revenue growth rate of 8.1% a year.

The reported loss per diluted share was $8.63 for the year, compared with the loss per share of $0.8 in the previous year. The Veeco Instruments Inc had an operating margin of -5.32%, compared with the operating margin of -6.89% a year before. The 10-year historical median operating margin of Veeco Instruments Inc is -1.94%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Veeco Instruments Inc has the cash and cash equivalents of $212.3 million, compared with $279.7 million in the previous year. The long term debt was $287.4 million, compared with $275.6 million in the previous year. Veeco Instruments Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $11.91, Veeco Instruments Inc is traded at 52.5% discount to its historical median P/S valuation band of $25.10. The P/S ratio of the stock is 0.95, while the historical median P/S ratio is 2.00. The stock lost 36.87% during the past 12 months.

For the complete 20-year historical financial data of VECO, click here.