Axcelis Technologies Inc reports results for the quarter ended in December - Earnings Summary

Axcelis Technologies

07/02/2024 22:01

* Axcelis Technologies Inc  ACLS.OQ  reported quarterly
adjusted
earnings of $2.15​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of $1.71.  The mean expectation of seven analysts
for the quarter was for earnings of $2.02 per share. Wall Street
expected results to range from $1.93  to $2.07 per share.
    * Revenue rose 16.6% to $310.29 million from a year ago;
analysts
expected $297.92 million. 
    * Axcelis Technologies Inc's reported EPS for the quarter
was
$2.15​.
    * The company reported quarterly net income of $71.06
million.
    * Axcelis Technologies Inc shares had risen by 0.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the semiconductor
equipment & testing peer group is also "buy"

Wall Street's median 12-month price target for Axcelis
Technologies Inc is $175.00 
This summary was machine generated from LSEG data February 7 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      2.02           2.15           Beat
 Sep. 30 2023      1.73           1.99           Beat
 Jun. 30 2023      1.46           1.86           Beat
 Mar. 31 2023      1.26           1.43           Beat