Veeco: H2 Momentum Likely To Improve On New Tool Shipment
AtonRa Partners • Yesterday, 3:48 AM
- Order weakness in recent quarters has been mainly due to customers waiting for Veeco (and Aixtron) to ship new tools in H2.
- In view of strong utilization rates in the LED industry, we are convinced that pent-up demand has been building in recent quarters and that orders will pick up soon.
- The bar is set low for upcoming earnings releases, offering a very attractive risk / reward.