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.
Q4 revenue was $122.2 million.
Q4 operating profit was $14.1 million.
Q4 net income was $14.7 million, or $0.43 per diluted share.
Gross margin for the quarter was 43.4%.
For the first quarter ending March 31, 2021, Axcelis expects revenues ranging from $118 to $138 million. Gross margin in the first quarter is expected to be approximately 40%. First quarter operating profit is forecasted to be in the range of $11-19 million with earnings per diluted share in the range of $0.22-0.42.
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