Investor Presentaiton
Improving Financial Trends (2018 - 2021) (Non-GAAP)
Revenue ($m)
540-560
542
454
Impact
of
419
LED
Gross Margin (%)
We expect 20%
2021 revenue
growth at midpoint
39%
37%
43%
2018
2019
2020
2021*
OPEX ($m, %)
2018
2019
2020
2021*
Diluted EPS($)
Gross
Margins are
expected to
remain in the
low 40%
range
37%
32%
32%
We expect OPEX as
175
156
a percentage of
revenue to further
decline
1.10 1.30
Company
profitability is
0.86
expected to
further improve
144
0.30
(0.03)
2018
2019
2020
2021*
2018
2019
2020
2021*
Improving financials demonstrate our transformation progress,
with expectations for continued growth in 2021
16 Investor Presentation | 2021 Veeco Instruments Inc.
* FY 2021 is based on outlook provided during Q1 21 earnings call
Veeco
A reconciliation of GAAP to Non-GAAP financial measures can be found in the backup section of this presentation.View entire presentation