| Business Summary | | Veeco
Instruments
Inc.
designs,
manufactures,
markets
and
services
a
broad
line
of
equipment
primarily
used
by
manufacturers
in
the
optical
telecommunications,
data
storage
and
semiconductor/research
industries.
These
industries
produce
computer
integrated
circuits,
personal
computers,
hard
disk
drives,
network
servers,
fiber
optic
networks,
digital
cameras,
television
set-top
boxes
and
personal
digital
assistants.
The
Company's
Process
Equipment
products
precisely
deposit
or
remove
(etch)
various
materials
in
the
manufacturing
of
advanced
thin
film
magnetic
heads
for
the
data
storage
industry
and
optical
telecommunications
components.
Veeco's
Metrology
equipment
is
used
to
provide
critical
surface
measurements
on
semiconductor
devices,
thin
film
magnetic
heads
and
disks
used
in
hard
drives
and
in
optical
telecommunications
and
research
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VECO
designs,
manufactures,
markets
and
services
a
line
equipment
primarily
used
by
manufacturers
in
the
data
storage,
optical
telecommunications
and
semiconductor
industries.
For
the
six
months
ended
6/30/01,
revenues
rose
27%
to
$240.7
million.
Net
income
before
accounting
change
totaled
$22.9
million,
vs.
a
loss
of
$8.1
million.
Revenues
reflect
an
increase
in
Ion
Tech
sales
in
the
U.S.
and
abroad.
Earnings
reflect
lower
merger
and
restructuring
related
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Edward Braun, 61 Chairman,
Pres, CEO | $660K | -- | John Rein, Jr., 54 CFO,
Exec. VP-Fin., Sec., Treasurer | 324K | $1.8M | Kenneth Barry, 49 Pres,
New York Process Equipment Operations | -- | -- | Don Kania, Ph.D., 46 Pres,
Metrology Group | 386K | 1.3M | Emmanuel Lakios, 39 Pres,
Worldwide Field Operations | 404K | 2.2M | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|