Axcelis Q2 revenue $147.3M (beat), guides Q3 to $170M; FY2021 revenue >$625M

AXCELIS TECHNOLOGIES INC

2021-Q2 EPS reported $1.03 revenue$280,050,000

Q2 revenue $147.3M, up 11% from Q1 $132.8M; first quarterly system revenue >$100M since 2004.
GAAP EPS $0.55 diluted, up from $0.48 in Q1; operating profit $24M.
Gross margin 43.5% vs 42.5% Q1; cash $220.5M; $13.4M stock repurchases.
Q3 guidance: revenue ~$170M, EPS ~$0.70, op profit ~$32M, gross margin ~42.5%.
Full-year 2021 revenue >$625M; strong demand for Purion implants in power devices.

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