-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, I9wlGmGa6fDbCJR15bGzP7243Cn4gI4Wz0hswwmOwH1WIi8bPYPTVCiDNFMKX7ck xgJ0NI2STQiAwLantLQTvA== 0001047469-99-001847.txt : 19990125 0001047469-99-001847.hdr.sgml : 19990125 ACCESSION NUMBER: 0001047469-99-001847 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990121 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VEECO INSTRUMENTS INC CENTRAL INDEX KEY: 0000103145 STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829] IRS NUMBER: 112989601 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-16244 FILM NUMBER: 99511477 BUSINESS ADDRESS: STREET 1: TERMINAL DR CITY: PLAINVIEW STATE: NY ZIP: 11803 BUSINESS PHONE: 5163498300 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 21, 1999 VEECO INSTRUMENTS INC. ---------------------- (Exact Name of Registrant as Specified in its Charter) Delaware 0-16244 11-298960l - -------------------------------------------------------------------------------- (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) Terminal Drive, Plainview, New York 11803 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (516) 349-8300 ----------------------------- Not Applicable - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Item 5. OTHER EVENTS. Reference is made to the Registrant's press release dated January 21, 1999, incorporated herein by reference and included as an exhibit hereto. Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits. Exhibit No. Exhibit - ----------- ------- 20 Press Release of the Registrant, dated January 21, 1999 (filed herewith). 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VEECO INSTRUMENTS INC. Date: January 22, 1999 By: /s/ Edward H. Braun -------------------------------- Edward H. Braun Chairman, Chief Executive Officer and President 3 EXHIBIT INDEX Exhibit - ------- 20 Press Release of the Registrant, dated January 21, 1999. 4 EX-20 2 PRESS RELEASE Exhibit 20 [LETTERHEAD OF VEECO] VEECO INSTRUMENTS REPORTS FOURTH QUARTER AND YEAR END 1998 SALES AND BOOKINGS PLAINVIEW, NY, January 21, 1999 - Veeco Instruments Inc. (NASDAQ: VECO), today reported unaudited sales and bookings figures for the fourth quarter and year ended December 31, 1998. Historical financial results have been restated to reflect the merger of Veeco and Digital Instruments, which closed on May 29, 1998, using the pooling of interests accounting method. FOURTH QUARTER REVIEW Veeco's sales for the fourth quarter of 1998 were approximately $51 million, compared with sales of approximately $58 million for the corresponding quarter of 1997. Metrology sales decreased 14% in the fourth quarter of 1998 compared to the 1997 fourth quarter and Process Equipment sales decreased 8% during the same time period. Veeco's fourth quarter orders were approximately $62 million, compared with orders of approximately $51 million reported in the fourth quarter of 1997. Metrology orders increased 4% compared to the 1997 fourth quarter and Process Equipment orders increased 117%. The book/bill ratio was 1.20 for the fourth quarter of 1998. YEAR-END REVIEW Veeco's sales for the year ended December 31, 1998 were approximately $207 million, compared to approximately $217 million in 1997. Metrology sales increased 12% during 1998 compared with 1997, and Process Equipment sales decreased 28%. -more- Orders for the year approximately $221 million compared with approximately $219 million in 1997. Metrology orders increased 12% in 1998 compared with 1997, while Process Equipment orders decreased 7%. The book/bill ratio was 1.07 for the year ended December 31, 1998. VEECO EXPECTS TO RELEASE ITS FOURTH QUARTER AND YEAR-END 1998 RESULTS AFTER THE CLOSE OF THE MARKET ON FEBRUARY 9, 1999, UPON COMPLETION OF ITS ANNUAL AUDIT BY THE COMPANY'S INDEPENDENT ACCOUNTANTS. Veeco Instruments Inc., headquartered in Plainview, New York, sells Metrology tools to customers in the data storage and semiconductor industries, and Process Equipment etch and deposition tools to customers in the data storage industry. Investor and Financial Media Contact: Debra Wasser (516) 349-8300 ext. 1472 Trade Media Contact: Fran Brennen (516) 349-8300 ext. 1222 -----END PRIVACY-ENHANCED MESSAGE-----