VECO - Veeco Instruments Inc. (VECO) Q4 2023 Earnings Call Transcript
2024-02-14 21:03:11 ET
Veeco Instruments, Inc. (VECO)
Q4 2023 Earnings Conference Call
February 14, 2024, 05:00 PM ET
Company Participants
Anthony Pappone - Head of IR
William Miller - Chief Executive Officer
John Kiernan - Senior Vice President and Chief Financial Officer
Conference Call Participants
Rick Schafer - Oppenheimer Co
Brian Lee - Goldman Sachs
Charles Shi - Needham & Company.
Mark Miller - Benchmark
David Duley - Steelhead Securities
Gus Richard - Northland Capital
William Levy - Barclays
Presentation
Operator
Greetings, and welcome to the Veeco's Quarter and Full Year Q4 2023 Earnings Call. At this time, all participants are in a listen-only mode. The question-and-answer session will follow the formal presentation. [Operator instructions] Reminder, this conference is being recorded. My pleasure to introduce your host, Anthony Pappone, Head of Investor Relations. Thank you, sir.
Anthony Pappone
Thank you, and good afternoon, everyone. Joining me on the call today are Bill Miller, Veeco's Chief Executive Officer; and John Kiernan, our Chief Financial Officer.
Today's earnings release and slide presentation to accompany today's webcast is available on the Veeco website. To the extent that this call discusses expectations for future revenues, future earnings, market conditions, or otherwise makes statements about the future, these forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. These risks are discussed in detail in our Form 10-K, Annual Report and other SEC filings.
Veeco does not undertake any obligation to update any forward-looking statements, including those made on this call, to reflect future events or circumstances after the date of such statements. Please note, unless otherwise noted, management will address non-GAAP financial results. We encourage you to refer to our reconciliation between GAAP and non-GAAP results, which you can find in our press release and at the end of the earnings presentation.
With that, I will turn the call over to our CEO, Bill Miller.
William Miller
Thank you, Anthony. 2023 was a successful year for Veeco. I'm proud to say we grew the business, improved profitability, and most importantly, laid the groundwork for future growth by advancing our product roadmaps. Veeco reached two strategic milestones during the year. First, we launched our next-generation nanosecond annealing solution. And second, we launched our ion beam deposition system for low-resistance metals....
Veeco Instruments, Inc. (VECO) Q4 2023 Earnings Call Transcript