---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-010940"
form_type: "8-K"
ticker: "ACLS"
cik: "0001113232"
company_name: "AXCELIS TECHNOLOGIES INC"
filed_at: "2025-02-10T23:59:59+00:00"
generated_at: "2026-05-26T23:50:22.115770+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Axcelis Q4 2024 revenue $252.4M, EPS $1.54; Q1 2025 guide $185M revenue, $0.38 EPS

## Summary
- Q4 2024 revenue $252.4M, gross margin 46.0%, diluted EPS $1.54.
- Full year 2024 revenue $1.02B (down 10% YoY); net income $201M ($6.15 diluted EPS) vs $246.3M ($7.43).
- CEO Russell Low cites near-term cyclical digestion period, particularly in China, as customers absorb capacity.
- Q1 2025 guidance: revenue ~$185M, diluted EPS ~$0.38.

## SEC filing metadata
- accession: 0001104659-25-010940
- form_type: 8-K
- ticker: ACLS
- cik: 0001113232
- company_name: AXCELIS TECHNOLOGIES INC
- filed_at: 2025-02-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113232/000110465925010940/0001104659-25-010940-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113232/000110465925010940/tm255435d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-010940
- JSON: https://secwatch.observer/filing/0001104659-25-010940.json
- Plain text: https://secwatch.observer/filing/0001104659-25-010940.txt

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