AXCELIS TECHNOLOGIES INC reported first quarter ended March 31, 2026 results: revenue $198,956, net income $9,214, EPS $0.30.
“capture attractive opportunities ahead.” News Release Results Summary (In thousands, except per share amounts and percentages) Three months ended March 31, 2026 2025 Revenue $ 198,956 $ 192,563 Gross margin 40.5 % 46.1 % Operating margin 4.0 % 15.1 % Net income $ 9,214 $ 28,579 Diluted earnings per share $ 0.30 $ 0.88 Non-GAAP Results Non-GAAP gross margin 40.7”
Shareholder Votes
AXCELIS TECHNOLOGIES INC shareholders approved Advisory vote to approve executive compensation for the year ended December 31, 2025 at the 2026-05-05 meeting.
“The following sets forth the tally of the votes cast on the proposal that the stockholders of the Company advise the Board of Directors that they approve the compensation paid to the Company’s named executive officers for the year ended December 31, 2025, as described under “Executive Compensation” in the Company’s definitive proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on March 31, 2026 (the “Proxy Statement”). A majority of the votes cast were voted in favor of the proposal, and therefore such advisory vote has passed.”
Shareholder Votes
AXCELIS TECHNOLOGIES INC shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026 at the 2026-05-05 meeting.
“The following sets forth the tally of the votes cast on the proposal to ratify the appointment by the Board of Directors of Ernst & Young LLP as the Company’s independent registered public accounting firm to audit the Company’s financial statements for the year ending December 31, 2026. A majority of the votes cast were voted in favor of the proposal, and therefore the appointment of auditors has been ratified by the stockholders:”
Shareholder Votes
AXCELIS TECHNOLOGIES INC shareholders approved Election of the eight nominees as directors at the 2026-05-05 meeting.
“At the Annual Meeting, each of the eight nominees for election as directors received the number of votes set forth opposite such nominee’s name, constituting a plurality of the votes cast, and therefore such nominee has been duly elected as a director of the Company:”
Governance Changes
AXCELIS TECHNOLOGIES INC: Amended director exculpation provision to include senior corporate officers per Delaware law (effective 2024-05-09).
“the Company filed a certificate of amendment (the “Certificate of Amendment”) to its Restated Certificate of Incorporation (the "Charter"). As discussed further in the Proxy Statement, the Certificate of Amendment serves to update the director exculpation provision in the Charter to include certain of the Company’s senior corporate officers as permitted by Section 102(b)(7) of the Delaware General Corporation Law.”
Shareholder Votes
AXCELIS TECHNOLOGIES INC shareholders approved Proposal that the stockholders of the Company advise the Board of Directors that they approve the compensation paid to the Company’s named executive officers for the year ended December 31, 2023, as described under “Executive Compensation” in the Proxy Statement for the Annual Meeting. at the 2024-05-09 meeting.
“A majority of the votes cast were voted in favor of the proposal, and therefore such advisory vote has passed.”
Shareholder Votes
AXCELIS TECHNOLOGIES INC shareholders approved Proposal to amend the Company’s Restated Certificate of Incorporation to reflect new Delaware law provisions limiting officer liability. at the 2024-05-09 meeting.
“A majority of the shares outstanding were voted in favor of the proposal, and therefore the amendment has been approved by our stockholders.”
Shareholder Votes
AXCELIS TECHNOLOGIES INC shareholders approved Proposal to ratify the appointment of Ernst & Young LLP as independent auditors of the Company’s financial statements for the year ending December 31, 2024. at the 2024-05-09 meeting.
“A majority of the votes cast were voted in favor of the proposal, and therefore the appointment of auditors has been ratified by the stockholders:”
Shareholder Votes
AXCELIS TECHNOLOGIES INC shareholders approved Proposal to elect the following nominees as a director: Tzu-Yin Chiu, Gregory B. Graves, John T. Kurtzweil, Russell J. Low, Jeanne Quirk, Necip Sayiner, Thomas St. Dennis, Jorge Titinger, Dipti Vachani at the 2024-05-09 meeting.
“At the Annual Meeting, each of the nine nominees for election as directors received the number of votes set forth opposite the nominee’s name, constituting a plurality of the votes cast, and therefore such nominee has been duly elected as a director of the Company:”
Mary G. Puma resigned as Executive Chairperson at AXCELIS TECHNOLOGIES INC.
“Effective at the Annual Meeting, Mary G. Puma, who served as Executive Chairperson of the Company’s Board of Directors since May 11, 2023, resigned from that executive officer role concurrently with the end of her term on the Board of Directors.”
Necip Sayiner was elected as Director at AXCELIS TECHNOLOGIES INC.
“the Board of Directors elected Gregory B. Graves and Necip Sayiner to fill the vacancies on the Board for a term ending at the 2024 Annual Meeting of Stockholders.”
Gregory B. Graves was elected as Director at AXCELIS TECHNOLOGIES INC.
“the Board of Directors elected Gregory B. Graves and Necip Sayiner to fill the vacancies on the Board for a term ending at the 2024 Annual Meeting of Stockholders.”
Earnings Releases
AXCELIS TECHNOLOGIES INC reported the full year 2023 results: revenue $1.13 billion, net income $246.3 million, EPS $7.43. Guidance initiated.
“For the full year 2023, the Company reported revenue of $1.13 billion, compared with $920 million for the full year 2022, an increase of 23% and a company record. Systems revenue for the year was $883.6 million, compared to $692.1 million in 2022, an increase of 28%, also a company record. Operating profit was $265.8 million in 2023, compared to $212.4 million in 2022, a 25% increase and a company record. Net income for the year was $246.3 million with diluted earnings per share of $7.43, compared to net income of $183.1 million and diluted earnings per share of $5.46 in 2022”
Earnings Releases
AXCELIS TECHNOLOGIES INC reported the fourth quarter ended December 31, 2023 results: revenue $310.3 million, net income $71.1 million, EPS $2.15 per diluted share. Guidance initiated.
“The Company reported fourth quarter revenue of $310.3 million, compared to $292.3 million for the third quarter of 2023. Operating profit for the quarter was $79.1 million, compared to $71.7 million for the third quarter. Net income for the quarter was $71.1 million, or $2.15 per diluted share, compared to $65.9 million, or $1.99 per diluted share in the third quarter.”
Earnings Releases
AXCELIS TECHNOLOGIES INC reported third quarter of 2023 results: revenue $292.3 million, net income $65.9 million, EPS $1.99 per diluted share.
“The Company reported third quarter revenue of $292.3 million, compared to $274.0 million for the second quarter of 2023.”
Kevin J. Brewer retired as Executive Vice President, Finance and Operations at AXCELIS TECHNOLOGIES INC.
“Mr. Brewer will continue to manage the Company’s manufacturing operations and will support the transition of the Company’s finance function to Mr. Coogan, until Mr. Brewer’s planned retirement at year-end 2023.”
Kevin J. Brewer changed role as Executive Vice President, Finance and Operations at AXCELIS TECHNOLOGIES INC.
“Effective upon the commencement of employment of James Coogan as discussed in paragraph (c) below, Axcelis Technologies, Inc.’s (the “Company”) Executive Vice President and Chief Financial Officer, Kevin J. Brewer, will resign as Chief Financial Officer and change his title to Executive Vice President, Finance and Operations.”
James Coogan was appointed as Executive Vice President and Chief Financial Officer at AXCELIS TECHNOLOGIES INC.
“On September 5, 2023, the Company announced that its Board of Directors appointed James Coogan, age 42, as the Company’s Executive Vice President and Chief Financial Officer, effective upon the commencement of Mr. Coogan’s full-time employment with the Company expected in October 2023 (the “Effective Date”).”
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.
“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”
Mary G. Puma changed role as Executive Chairperson at AXCELIS TECHNOLOGIES INC.
“Coincident with the commencement of Dr. Low’s promotion to Chief Executive Officer and President, Mary G. Puma, our former Chief Executive Officer and President, assumed the position of Executive Chairperson of the Board of Directors of the Company, a position she is expected to hold until the 2024 Annual Meeting of Stockholders.”
Russell J. Low was appointed as President and Chief Executive Officer at AXCELIS TECHNOLOGIES INC.
“On May 11, 2023, following the 2023 Annual Meeting of Stockholders (the “Annual Meeting”), the Board of Directors of Axcelis Technologies, Inc. (the “Company”) appointed Russell J. Low, Ph.D., age 52, as the Company’s Chief Executive Officer and President.”
Earnings Releases
AXCELIS TECHNOLOGIES INC reported full year 2023 results: revenue greater than $1.03 billion. Guidance raised.
“The Company expects to achieve revenue greater than $1.03 billion.”
Earnings Releases
AXCELIS TECHNOLOGIES INC reported second quarter ending June 30, 2023 results: revenue $255-260 million, EPS $1.44-1.48. Guidance raised.
“For the second quarter ending June 30, 2023, Axcelis expects revenues between $255-260 million.”
Earnings Releases
AXCELIS TECHNOLOGIES INC reported first quarter of 2023 results: net income $47.7 million, EPS $1.43 per diluted share. Guidance reaffirmed.
“The Company reported first quarter revenue of $254.0 million, compared to $266.1 million for the fourth quarter of 2022.”
Earnings Releases
AXCELIS TECHNOLOGIES INC updated its fourth quarter and full year ended December 31, 2022 guidance (raised).
“On February 8, 2023, Axcelis Technologies, Inc. (the "Company") issued a press release regarding its financial results for its fourth quarter and year ended December 31, 2022.”
Earnings Releases
AXCELIS TECHNOLOGIES INC reported third quarter of 2022 results: revenue $229.2 million, net income $40.3 million, EPS $1.21 per diluted share.
“, Inc. (Nasdaq: ACLS) today announced financial results for the third quarter of 2022. Highlights for the third quarter are as follows: • Revenue for the quarter was $229.2 million, compared to $221.2 million for the second quarter of 2022. • Operating profit for the quarter was $53.2 million, compared to $54.1 million for the second quarter. • Net”
Arthur L. George, Jr. resigned as Director at AXCELIS TECHNOLOGIES INC.
“Effective May 11, 2022, Arthur L. George, Jr., a director of the Company, resigned from the Company’s Board of Directors for personal reasons, declining to serve a further term despite his re-election at the Company’s 2022 Annual Meeting.”
Dipti Vachani was elected as Director at AXCELIS TECHNOLOGIES INC.
“the Board of Directors elected Jeanne Quirk and Dipti Vachani to fill the vacancies on the Board”
Jeanne Quirk was elected as Director at AXCELIS TECHNOLOGIES INC.
“the Board of Directors elected Jeanne Quirk and Dipti Vachani to fill the vacancies on the Board”
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