secwatch.observer — SEC 8-K summary
======================================

Issuer:     AXCELIS TECHNOLOGIES INC (ACLS)
CIK:        0001113232
Form:       8-K
Filed at:   2022-02-07T23:59:59+00:00
Accession:  0001104659-22-012797
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axcelis reports record FY2021 revenue of $662.4M, EPS $2.88, well above guidance
--------------------------------------------------------------------------------

- Full year revenue $662.4M (+40% YoY), operating profit $127.3M (+119% YoY), both records.
- Q4 revenue $205.7M (above guidance), EPS $1.05 (above $0.92 guidance).
- Surpassed $650M revenue model two years ahead of plan; targeting $850M run rate in 2022.
- Cash, cash equivalents & restricted cash $295.7M, a record, after $12.5M in buybacks.
- Q1 2022 guidance: revenue ~$193M, gross margin ~43%, EPS ~$0.92.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113232/000110465922012797/0001104659-22-012797-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113232/000110465922012797/tm225610d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-012797

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer