---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-086813"
form_type: "8-K"
ticker: "ACLS"
cik: "0001113232"
company_name: "AXCELIS TECHNOLOGIES INC"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:27:07.848760+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Axcelis Q2 revenue $274M beats guidance; raises FY2023 outlook to >$1.1B

## Summary
- Q2 revenue $274M vs $254M Q1; net income $61.6M ($1.86 EPS) vs $47.7M ($1.43) Q1.
- Gross margin 43.7% (up from 40.9% Q1); operating profit $63.7M.
- System backlog $1.23B on Q2 bookings $193M; strong Purion demand in silicon carbide power.
- CEO targets potential $1.3B revenue in 1-2 years; CFO raises FY2023 guide to >$1.1B (+20% YoY).
- Q3 outlook: revenue ~$280M, gross margin ~44%, diluted EPS ~$1.72.

## SEC filing metadata
- accession: 0001104659-23-086813
- form_type: 8-K
- ticker: ACLS
- cik: 0001113232
- company_name: AXCELIS TECHNOLOGIES INC
- filed_at: 2023-08-02T23:59:59+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/1113232/000110465923086813/0001104659-23-086813-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113232/000110465923086813/tm2322423d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-086813
- JSON: https://secwatch.observer/filing/0001104659-23-086813.json
- Plain text: https://secwatch.observer/filing/0001104659-23-086813.txt

## Key facts
- Earnings Releases
  AXCELIS TECHNOLOGIES INC reported second quarter of 2023 results: revenue $274.0 million, net income $61.6 million, or $1.86 per diluted share, EPS $1.86 per diluted share. Guidance raised.
  - Period: second quarter of 2023
  - Revenue: $274.0 million
  - Net income: $61.6 million, or $1.86 per diluted share
  - EPS: $1.86 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Technologies , Inc. (Nasdaq: ACLS) today announced financial results for the second quarter of 2023. Highlights include: · The Company reported second quarter revenue of $274.0 million, compared to $254.0 million for the first quarter of 2023. · Operating profit for the quarter was $63.7 million, compared to $51.4 million for the first quarter. · Net income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113232/000110465923086813/0001104659-23-086813-index.htm

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