---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-055823"
form_type: "8-K"
ticker: "ACLS"
cik: "0001113232"
company_name: "AXCELIS TECHNOLOGIES INC"
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:24:17.607694+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Axcelis Q1 beats with EPS $1.22; record bookings $315.5M; FY22 revenue >$850M

## Summary
- Q1 revenue $203.6M, net income $41.6M, diluted EPS $1.22 (vs Q4 $205.7M, $1.05).
- Record systems backlog $625.1M and bookings $315.5M; strong demand from 5G, auto, power markets.
- Q2 guidance revenue $205-215M, EPS ~$1.00; FY22 revenue expected >$850M, one year ahead of prior plan.
- Gross margin 44.1% in Q1; Q2 guided ~41% due to supply chain pressures.
- New $100M share repurchase authorized; $20M repurchased in Q1; cash $297.9M.

## SEC filing metadata
- accession: 0001104659-22-055823
- form_type: 8-K
- ticker: ACLS
- cik: 0001113232
- company_name: AXCELIS TECHNOLOGIES INC
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113232/000110465922055823/0001104659-22-055823-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113232/000110465922055823/tm2213765d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-055823
- JSON: https://secwatch.observer/filing/0001104659-22-055823.json
- Plain text: https://secwatch.observer/filing/0001104659-22-055823.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.