MOCVD Orders Strengthen At Veeco
Tools for making all types of LEDs are in strong demand as Veeco seeks to return to profitability, the company's new CEO says.
The HB-LED market has driven Veeco s equipment orders up strongly, despite job losses elsewhere at the firm.
In the three-month period ending on September 30, the company posted revenues of $97.7 million, the same as the previous quarter, but its net loss widened from $2.6 million to $5.7 million.
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