Veeco Historical Income Statement
VECO Stock | USD 27.87 0.24 0.87% |
Historical analysis of Veeco Instruments income statement accounts such as Depreciation And Amortization of 19.5 M, Interest Expense of 8 M, Total Revenue of 450.8 M or Gross Profit of 189.7 M can show how well Veeco Instruments performed in making a profits. Evaluating Veeco Instruments income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Veeco Instruments's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Veeco Instruments latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Veeco Instruments is a good buy for the upcoming year.
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About Veeco Income Statement Analysis
Veeco Instruments Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Veeco Instruments shareholders. The income statement also shows Veeco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Veeco Instruments Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Veeco Instruments generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Veeco Instruments minus its cost of goods sold. It is profit before Veeco Instruments operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Veeco Instruments. It is also known as Veeco Instruments overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Veeco Instruments income statement and represents the costs associated with goods and services Veeco Instruments provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Veeco Instruments' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Veeco Instruments current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.At this time, Veeco Instruments' Operating Income is very stable compared to the past year. As of the 1st of December 2024, Income Tax Expense is likely to grow to about 2.1 M, while Depreciation And Amortization is likely to drop about 19.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 242.3M | 263.1M | 285.1M | 189.7M | Total Revenue | 583.3M | 646.1M | 666.4M | 450.8M |
Veeco Instruments income statement Correlations
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Veeco Instruments Account Relationship Matchups
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Veeco Instruments income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 27.5M | 30.7M | 26.1M | 25.6M | 25.0M | 19.5M | |
Interest Expense | 22.1M | 24.7M | 26.0M | 9.3M | 11.8M | 8.0M | |
Total Revenue | 419.3M | 454.2M | 583.3M | 646.1M | 666.4M | 450.8M | |
Gross Profit | 158.2M | 194.3M | 242.3M | 263.1M | 285.1M | 189.7M | |
Other Operating Expenses | 448.5M | 430.2M | 526.6M | 585.8M | 596.5M | 428.1M | |
Operating Income | (29.2M) | 22.6M | 56.7M | 60.3M | 69.9M | 73.4M | |
Ebit | (29.2M) | 23.9M | 56.7M | 60.3M | (16.6M) | (15.7M) | |
Ebitda | (1.6M) | 54.6M | 82.8M | 85.9M | 8.4M | 8.0M | |
Cost Of Revenue | 261.2M | 259.9M | 341.0M | 383.0M | 381.4M | 261.1M | |
Total Operating Expenses | 187.3M | 170.4M | 185.6M | 202.9M | 215.1M | 167.0M | |
Income Before Tax | (78.0M) | (8.5M) | 25.7M | 51.0M | (28.3M) | (26.9M) | |
Total Other Income Expense Net | (48.8M) | (31.0M) | (31.0M) | (9.3M) | (98.3M) | (93.4M) | |
Net Income | (78.7M) | (8.4M) | 26.0M | 166.9M | (30.4M) | (28.8M) | |
Income Tax Expense | 777K | (73K) | (358K) | (116.0M) | 2.0M | 2.1M | |
Research Development | 90.6M | 79.0M | 88.7M | 103.6M | 112.9M | 73.0M | |
Selling General Administrative | 79.7M | 76.3M | 84.5M | 89.0M | 92.8M | 86.2M | |
Net Income Applicable To Common Shares | (78.7M) | (8.4M) | 26.0M | 166.9M | 150.2M | 157.8M | |
Net Income From Continuing Ops | (78.7M) | (8.4M) | 26.0M | 166.9M | (30.4M) | (31.9M) | |
Non Recurring | 30.8M | 386.7M | 10.4M | 1.4M | 1.6M | 1.5M | |
Non Operating Income Net Other | (16.3M) | (6.3M) | (2.7M) | 2.2M | 2.0M | 2.1M | |
Tax Provision | 777K | (73K) | (358K) | (116.0M) | 2.0M | 2.1M | |
Interest Income | 4.7M | 1.6M | 2.3M | 2.2M | 10.6M | 11.1M | |
Net Interest Income | (17.4M) | (23.2M) | (26.0M) | (9.3M) | (1.2M) | (1.2M) | |
Reconciled Depreciation | 34.4M | 30.7M | 12.3M | 10.0M | 25.0M | 24.3M |
Pair Trading with Veeco Instruments
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Veeco Instruments position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Veeco Instruments will appreciate offsetting losses from the drop in the long position's value.Moving together with Veeco Stock
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0.64 | ON | ON Semiconductor | PairCorr |
0.75 | ADI | Analog Devices | PairCorr |
Moving against Veeco Stock
0.72 | CAN | Canaan Inc Buyout Trend | PairCorr |
0.65 | RMBS | Rambus Inc | PairCorr |
0.56 | SITM | Sitime | PairCorr |
0.39 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to Veeco Instruments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Veeco Instruments when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Veeco Instruments - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Veeco Instruments to buy it.
The correlation of Veeco Instruments is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Veeco Instruments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Veeco Instruments moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Veeco Instruments can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeco Instruments. If investors know Veeco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeco Instruments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Earnings Share 1.39 | Revenue Per Share 12.611 | Quarterly Revenue Growth 0.042 | Return On Assets 0.0457 |
The market value of Veeco Instruments is measured differently than its book value, which is the value of Veeco that is recorded on the company's balance sheet. Investors also form their own opinion of Veeco Instruments' value that differs from its market value or its book value, called intrinsic value, which is Veeco Instruments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeco Instruments' market value can be influenced by many factors that don't directly affect Veeco Instruments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeco Instruments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veeco Instruments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeco Instruments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.