U.S. MOCVD Veeco2010 Q3 revenue increased to $277 million

America MOCVD (MOCVD) at Veeco recently released Q3 earnings, single quarter revenue of $277 million for the quarter, an increase of 9.5%, the annual increase of 180%. Among them, MOCVD belongs to the led&Solar equipment sector accounted for 88% of its revenue, $243 million.

At present, the main cause of Veeco and the data stored in LED&Solar (DataStorage) 2 large equipment department, LED backlight and LED lighting development rapidly in recent years, driven by rising demand for MOCVD, the company Q310 benefiting.

Estimated Veeco, 2010 Q4 revenue will increase by 8 million compared with Q3 ~4300 million, operating profit will grow 4 million to $17 million. This outstanding financial performance will continue until at least 2011 Q1.