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Veeco Instruments Inc. (NASDAQ: VECO) announced its financial results for the second quarter ended June 30, 2012. John R. Peeler, Veeco’s Chairman and Chief Executive Officer, commented, "Veeco continues to deliver solid results in a soft market. Second quarter revenue was $137 million, and adjusted EBITA and non-GAAP earnings per share were $20 million and $0.37, respectively, with gross margins of 45%. Veeco generated about $19 million in cash flow from operations, ending the quarter with $540 million in cash and short term investments." Second quarter LED & Solar revenues were $87 million, including $75 million in MOCVD and $12 million in MBE. Data Storage revenues were $50 million.
Veeco’s third quarter 2012 revenue is currently forecasted to be between $120 million and $140 million. Earnings per share are currently forecasted to be between $0.12 to $0.29 on a GAAP basis, and $0.22 to $0.38 on a non-GAAP basis.
At the Microscopy & Microanalysis conference 2012 in Phoenix, Arizona, USA, Carl Zeiss Microscopy is introducing an extension of its Field Emission Scanning Electron Microscope (FE-SEM) platform MERLIN. Customers can now choose between the systems MERLIN Compact, MERLIN VP, and MERLIN and configure them individually. Moreover, the new generation photomask registration and overlay metrology system PROVE(R) Compact developed by Carl Zeiss Germany, now has a reduced footprint of 30% compared to its predecessor. Through a new design concept the system now consists of one main unit and two satellites, which can be clearly separated. With the new dimensions Mask Shops gain a higher flexibility and, even more important, save costs of ownership. The first PROVE(R) Compact tool was ordered by an US-based semiconductor manufacturer. The shipment took place by mid of July and is currently in installation. A second system will be delivered shortly.