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Veeco grows revenue 4.9% in Q2, despite supply chain constraints
What happened
Veeco Instruments reported Q2 2022 revenue of $164 million, beating its guidance range. Despite supply chain constraints limiting some demand fulfillment, the company achieved sequential revenue growth of 4.9%. This positive earnings result indicates sustained demand for semiconductor manufacturing equipment, though supply chain headwinds remain a key risk.
Impact and signal
Medium impactImpact score: 60/100
Affected components and suppliers
Veeco Instruments Inc
earningssupply-chainrevenue-growth
Source and time
Source: Semiconductor Today · 8/23/2022 · View original source
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