Axcelis Technologies delivered strong financial results in the second quarter of 2025, with revenue of $194.5 million and GAAP diluted EPS of $0.98. The company demonstrated robust profitability and cash flow, driven by disciplined cost control and a favorable mix, despite a cyclical digestion period in many markets. They also increased share repurchase activity, reflecting confidence in long-term fundamentals.
Axcelis Technologies, Inc. concluded 2024 with strong fourth-quarter results, exceeding expectations in revenue and profitability. Despite a full-year revenue decline compared to 2023, the company achieved higher gross margins and generated solid free cash flow, positioning itself for future growth amidst a cyclical digestion period.
Axcelis announced third quarter revenue of $256.6 million, with a net income of $48.6 million, or $1.49 per diluted share. The company anticipates a near term digestion of mature node capacity through the first half of 2025.
Axcelis announced strong financial results for the second quarter of 2024, with revenue of $256.5 million. The company's performance was driven by better-than-expected conversion of evaluation units into revenue and continued robust demand in the Power segment, especially silicon carbide.
Axcelis announced first quarter revenue of $252.4 million with a gross margin of 46%. Operating profit was $56.5 million and net income reached $51.6 million, or $1.57 per diluted share.
Axcelis reported Q4 revenue of $310.3 million, with an operating profit of $79.1 million and net income of $71.1 million, or $2.15 per diluted share. The company's Q4 ended with bookings of $235.5 million and a systems backlog of $1.2 billion.
Axcelis announced strong third quarter financial results, with revenue, EPS, and gross margins finishing well above guidance. The company's performance was driven by robust demand for the Purion product family, particularly in the silicon carbide power market. Axcelis expects to achieve revenue of greater than $1.1 billion in 2023.
Axcelis announced strong second quarter financial results, exceeding guidance due to significant demand for the Purion product family, especially in the silicon carbide power market. The company is upwardly revising expectations for 2023 revenue to greater than $1.1 billion, representing year-over-year growth of approximately 20%.
Axcelis announced strong first quarter financial results for 2023, driven by significant demand and solid execution, resulting in a new backlog record. The Purion product family continues to gain market share, especially in mature process technology markets. The company anticipates revenue to exceed $1.03 billion for 2023, representing a year-over-year growth of over 12%.
Axcelis reported record quarterly and annual revenues, surpassing the $850M revenue model, driven by strong execution and robust demand for the Purion product family.
Axcelis announced strong third quarter financial results, exceeding guidance due to robust demand for Purion products and strong execution. The company is well-positioned for growth in 2023, driven by continued strength in the power market.
Axcelis announced strong Q2 2022 financial results, exceeding guidance due to high demand and effective execution. System bookings and shipments hit record levels, leading to an expected revenue of greater than $875 million in 2022.
Axcelis announced financial results for the first quarter 2022, with record bookings and backlog driven by 5G, big data, and the electrification of the automotive industry. The company expects to exceed revenue of $850 million in 2022.
Axcelis announced financial results for Q4 and full year 2021, with Q4 revenue at $205.7 million and net income at $35.7 million, or $1.05 per diluted share. The company reported record full year revenue of $662.4 million.
Axcelis announced very strong third quarter financial performance, driven by record implant systems revenue and solid gross margins. The company is capitalizing on the strength of the mature and specialty markets with Purion product extensions.
Axcelis announced strong second quarter financial performance due to strength in the semiconductor industry and demand for Purion products. They are on track to exceed $625 million in revenue for the full year 2021.
Axcelis announced strong first quarter financial results, driven by the growing demand for Purion products and strength across a number of markets. The company is on track to exceed $550 million in revenue for the full year 2021, achieving this goal a full year ahead of schedule.
Axcelis announced strong Q4 2020 results, with revenue at $122.2 million and net income at $14.7 million, or $0.43 per diluted share. The company's performance reflects strength in the semiconductor market and the Purion product line.
Axcelis announced financial results for the third quarter ended September 30, 2020, with revenue of $110.4 million. The company reported an operating profit of $13.9 million and a net income of $10.8 million, or $0.32 per diluted share. The gross margin for the quarter was 43.6%.
Axcelis announced strong second quarter results with revenue of $123 million, operating profit of $16.4 million, and net income of $13.3 million.
Axcelis announced strong first-quarter results with revenue of $119 million and net income of $11.2 million, driven by continued demand for Purion products. The company's CEO highlighted their differentiated product line and robust balance sheet as strengths for navigating the difficult period.
Axcelis Technologies reported strong fourth-quarter results, highlighted by a 94% increase in system revenues. The company's strategic focus on expanding its Purion installed base and managing operating expenses contributed to profitability.