secwatch.observer — SEC 8-K summary
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Issuer:     AXCELIS TECHNOLOGIES INC (ACLS)
CIK:        0001113232
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001104659-25-044808
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axcelis Q1 revenue $192.6M, down 24% YoY; GAAP EPS $0.88 vs $1.57; guides Q2 below Q1
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- Revenue $192.6M vs $252.4M YoY (-23.7%); GAAP net income $28.6M, down 44.6%.
- GAAP EPS $0.88, non-GAAP EPS $1.04; adjusted EBITDA $39.5M, down 38.8%.
- GAAP gross margin 46.1% (flat); operating margin 15.1% vs 22.4% YoY.
- Q2 guidance: revenue ~$185M, GAAP EPS ~$0.57, non-GAAP EPS ~$0.73.
- Ended quarter with robust cash, no debt; opportunistic share repurchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113232/000110465925044808/0001104659-25-044808-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113232/000110465925044808/tm2513922d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-044808

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