Axcelis reported record quarterly and annual revenues, surpassing the $850M revenue model, driven by strong execution and robust demand for the Purion product family.
Achieved record annual revenue, gross margin and EPS.
Delivered record quarterly and annual revenues.
Surpassed $850M revenue model.
Expects revenues to exceed $1 billion dollars for the full year 2023.
For the first quarter ending March 31, 2023, Axcelis expects revenues of approximately $240 million. Gross margin in the first quarter is expected to be approximately 41.5%. First quarter operating profit is forecast to be approximately $48 million with earnings per diluted share of around $1.25. For the full year, the Company expects to achieve revenue of greater than $1 billion.
Analyze how earnings announcements historically affect stock price performance