secwatch.observer — SEC 8-K summary
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Issuer:     AXCELIS TECHNOLOGIES INC (ACLS)
CIK:        0001113232
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001104659-22-085626
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axcelis Q2 revenue $221.2M, EPS $1.32, record backlog $869.5M, raises FY22 revenue >$875M
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- Q2 revenue $221.2M vs Q1 $203.6M; operating profit $54.1M; net income $44.2M ($1.32 diluted EPS).
- Record systems bookings of $432.8M and backlog of $869.5M in Q2.
- Gross margin 44.8% vs Q1 44.1%; Q3 guidance: revenue $220-228M, EPS $1.10-1.15.
- Full-year 2022 revenue expected >$875M with gross margin ~42.5%.
- Cash $287.9M; repurchased $12.5M in shares during Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113232/000110465922085626/0001104659-22-085626-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113232/000110465922085626/tm2222388d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-085626

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