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Mar 31, 2021
Axcelis Q1 2021 Earnings Report
Axcelis delivered strong financial performance in Q1 2021, driven by growing demand for Purion products and strength across multiple markets.
Key Takeaways
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.
Strong first quarter financial performance.
Driven by growing demand for Purion products.
Strength across a number of markets.
On track to exceed $550 million in revenue for the full year 2021, achieving this goal a full year ahead of schedule.
Forward Guidance
For the second quarter ending June 30, 2021, Axcelis expects revenues ranging from $135 to $140 million. Gross margin in the second quarter is expected to be approximately 41.5%. Second quarter operating profit is forecasted to be in the range of $19-21 million with earnings per diluted share in the range of $0.43-0.47.
Positive Outlook
- Revenues ranging from $135 to $140 million.
- Gross margin expected to be approximately 41.5%.
- Operating profit forecasted to be in the range of $19-21 million.
- Earnings per diluted share in the range of $0.43-0.47.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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