Monday, October 24, 2011

Veeco MOCVD LED lighting manufacturers worrying expect earnings blowout needs

Veeco MOCVD LED lighting manufacturers ( MOCVD ) Equipment maker Veeco Instruments Inc. U.S. stocks ended on August 24 announced after the third quarter (July to September) earnings: revenue from last year's $ 277.1 million down 3.3% to $ 268 million; earnings per share of the industry up to $ 1.33, down from last year's $ 1.55.According to Capital IQ survey, analysts had expected Veeco 7-9 monthly revenue, earnings per share of this industry will reach $ 252.3 million, $ 1.12.Looking season (October-December), Veeco expects revenue to be between 1.75-2.15 million range (median $ 195 million); the industry earnings per share to be between U.S. $ 0.54-0.86 (median 0.70 dollars).According to Capital IQ survey, analysts had expected Veeco 10-12 monthly revenue, earnings per share of this industry will reach 2.3571 billion, $ 1.07.Veeco 7-9 月 season orders reduced the amount of 57% to $ 133 million, mainly due to the recent LED Weak industrial demand and Asia MOCVD equipment capacity utilization is low and the slowdown in China's impact on business activities; to-bill ratio (BB value) of 0.50; the end of the third quarter order backlog amounted to $ 389,000,000.Veeco CEO John R. Peeler noted that the global economic weakness in the customer data slow or stop the pace of capacity expansion.Nevertheless, the company still expects 2011 revenue is expected to reach $ 1 billion, to reach the upper edge of the range of estimates, mainly thanks to its technology ahead of the pack, and the company's global customer relations good execution, thanks to outstanding performance.Peeler is also expected that the next few quarters of weak orders situation will continue, although many data Show LED Lighting manufacturers Demand is warming,

but the backlight is still weak demand led to lower plant capacity utilization.In the data storage sector, industry consolidation, the weak PC demand is leading to important customers defer capital spending plans.In addition, the expected global economic worries will make the overall operation in 2012 cast a shadow.Peeler and said that although the industry is still unable to determine how long the weak trend will continue, but the decline in LED prices expected to continue to stimulate the global Solid-state lighting (Solid state lighting) needs.Veeco expected business, government and industry will lead the adoption of LED lighting, general residential consumers will then follow up, mainly due to the economic benefits of LED products will gradually appear.Veeco is also expected, LED lighting trend turning point in 2012-2013, and the company will continue to expand market share.Veeco 24 at the normal trading hours rose 6.33%, to close at $ 27.05; fell more than 6 percent after-hours, but then still meteoric rise was up 0.15% to $ 27.09.