earnings
confidence high
sentiment positive
materiality 0.75
Axcelis Q2 revenue $215.2M, GAAP EPS $0.75, beats guidance; merger with Veeco on track
AXCELIS TECHNOLOGIES INC
- Revenue $215.2M, up 10.6% YoY from $194.5M; GAAP gross margin 42.4%, non-GAAP 42.7%.
- GAAP diluted EPS $0.75; non-GAAP diluted EPS $1.06, exceeding prior forecasts.
- Q3 2026 guidance: revenue ~$230M, GAAP EPS ~$0.76, non-GAAP EPS ~$1.11.
- Pending merger with Veeco expected to close in H2 2026; conditions being satisfied.
- CEO cites robust Memory demand and positive Power market momentum; expects YoY revenue growth in 2026.