Axcelis Q3 revenue $229.2M, EPS $1.21; record backlog $1.1B; Q4 guided $232-240M

AXCELIS TECHNOLOGIES INC

2022-Q3 EPS reported $3.75 revenue$653,947,000

Revenue $229.2M (up from $221.2M Q2); net income $40.3M ($1.21 diluted EPS) vs $44.2M ($1.32) Q2.
Record systems backlog $1.1B; bookings $337.1M; cash $342.1M after $12.5M share repurchases.
Q4 guidance: revenue $232-240M, gross margin 40-41%, operating profit $41-45M, EPS $1.00-1.10.
Full-year revenue expected >$885M with gross margin >43% (above prior guidance).
CEO Mary Puma cites robust demand for Purion products and strength in power market as drivers.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AXCELIS TECHNOLOGIES INC reported third quarter of 2022 results: revenue $229.2 million, net income $40.3 million, EPS $1.21 per diluted share.

Period: third quarter of 2022
Revenue: $229.2 million
Net income: $40.3 million
EPS: $1.21 per diluted share
Result: reported results

Exact text from the filing

, Inc. (Nasdaq: ACLS) today announced financial results for the third quarter of 2022. Highlights for the third quarter are as follows: • Revenue for the quarter was $229.2 million, compared to $221.2 million for the second quarter of 2022. • Operating profit for the quarter was $53.2 million, compared to $54.1 million for the second quarter. • Net

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Source: SEC EDGAR

accession 0001104659-22-113976

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