Veeco Instruments News

Veeco Instruments has been informed by the Nasdaq Stock Market that it's not in compliance with listing rules, due to a delay in the filing of its latest quarterly report.

Veeco Instruments Inc. is an equipment manufacturing company, based in the US. The company develops process equipment which enables the manufacture of LEDs, power electronics, hard drives, MEMS, wireless chips and optical system components.

The firm currently has a $42.00 target price on the stock. The analysts wrote, "With an ongoing issue regarding revenue recognition, Veeco Instruments continues to be unable to report financial statements.

The firm currently has a $48.00 price target on the stock. VECO has been the subject of a number of other recent research reports.

Last week, a prominent display of $10 LED light bulbs from Cree, Inc. arrested my attention as I entered a home improvement store.

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Veeco Instruments traded up 16.13% on Tuesday, hitting $37.43. Veeco Instruments has a 1-year low of $26.15 and a 1-year high of $40.34. The stock's 50-day moving average is currently $35.39. The company has a market cap of $1.444 billion and a price-to-earnings ratio of 20.19. Other equities research analysts have also recently issued reports ... (more)

Veeco Instruments Inc. is providing select financial metrics and business highlights for the quarter ended March 31, 2013.

The top after-market Nasdaq gainers Monday were Netflix Inc, Veeco Instruments Inc., Illumina, Xoom Corporation.

Technology manufacturer Veeco Instruments Inc. , which for months had delayed publishing detailed earnings data as it undertakes an accounting review, released limited first-quarter results Monday showing sales orders had continued to decline, hitting their lowest point since 2009.

Good day, everyone, and welcome to the Veeco First Quarter 2013 Conference Call.

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