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

Axcelis Technologies

03/05/2023 22:02

* Axcelis Technologies Inc  ACLS.OQ  reported quarterly
adjusted
earnings of $1.43​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of $1.26 per share.
    * Revenue rose 24.8% to $254.02 million from a year ago;
analysts
expected $240.56 million. 
    * Axcelis Technologies Inc's reported EPS for the quarter
was
$1.43​.
    * The mean earnings estimate of analysts had risen by
about 2.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Axcelis Technologies Inc shares had fallen by 8.6% this
quarter and gained 53.4% so far this year.
    * The company reported quarterly net income of $47.7
million.
    * Wall Street's median 12-month price target for Axcelis
Technologies Inc is $143.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.26           1.43           Beat
 Dec. 31 2022      1.38           1.71           Beat
 Sep. 30 2022      1.13           1.21           Beat
 Jun. 30 2022      1.00           1.32           Beat