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Moreover, Veeco Instruments announced that SEMATECH, a global semiconductor consortium that conducts research and development to advance chip manufacturing, has recently achieved a major breakthrough using Veeco’s NEXUS® Low Defect Density Ion Beam Deposition (LDD IBD) System to significantly reduce defects from multi-layer deposition of mask blanks used for extreme ultraviolet lithography (EUVL). Veeco Instruments also announced its financial results for the third quarter ended September 30, 2012. John R. Peeler, Veeco’s Chairman and CEO, commented, "Veeco’s third quarter revenue was $127 million, and adjusted EBITA and non-GAAP earnings per share were $17 million and $0.34, in line with our guidance. Veeco generated $46 million in cash flow from operations, ending the quarter with $574 million in cash and short term investments."
Third quarter LED & Solar revenues were $94 million: approximately $79 million in MOCVD and $15 million in MBE. Data Storage revenues were $33 mil- lion. Veeco’s fourth quarter 2012 revenue is currently forecasted to be between $100 million and $115 million. Earnings per share are currently forecasted to be between ($0.09) to $0.03 on a GAAP basis, and $0.04 to $0.16 on a non-GAAP basis.
ZiNIR presents a new concept in spectroscopy uses a resonant-based detection technique where light is both analyzed and detected in a single, completely monolithic component manufactured using conventional semiconductor processing techniques.