earnings
confidence high
sentiment positive
materiality 0.80
Axcelis Q3 revenue $292.3M, EPS $1.99; guides Q4 rev ~$295M, FY rev >$1.1B
AXCELIS TECHNOLOGIES INC
2023-Q3 EPS reported
$5.28
revenue$820,316,000
- Revenue $292.3M vs $274.0M Q2; net income $65.9M ($1.99 diluted) vs $61.6M ($1.86) Q2.
- Gross margin 44.4%, up from 43.7% Q2; operating profit $71.7M.
- Systems backlog $1.2B on quarterly bookings of $198M.
- Q4 guidance: revenue ~$295M, gross margin ~45%, EPS ~$2.00.
- CEO highlights strong Purion demand in silicon carbide power device market driving results.