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 reported fourth quarter revenue of $205.7 million, above guidance.
Operating profit for the quarter was $46.6 million, above guidance.
Net income for the quarter was $35.7 million, or $1.05 per diluted share, above guidance.
Gross margin for the quarter was 43.5%, above guidance.
For the first quarter ending March 31, 2022, Axcelis expects revenues of approximately $193 million. Gross margin in the first quarter is expected to be approximately 43%. First quarter operating profit is forecasted to be approximately $41 million with earnings per diluted share of approximately $0.92.
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