Axcelis Technologies, Inc. Provides Financial Guidance for the Second Quarter Ending June 30, 2024 and Second Half of Fiscal 2024
May 01, 2024 at 09:01 pm
Share
Axcelis Technologies, Inc. provides financial guidance for the second quarter ending June 30, 2024 and second half of fiscal 2024. For the quarter, the company expects revenues of approximately $245 million. Operating profit is forecast to be approximately $47 million with earnings per diluted share of around $1.30.
For the second half, the company expects revenue levels to increase over its anticipated revenues in the first half of the year.
Axcelis Technologies, Inc. designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company offers a complete line of high energy, high current and medium current implanters for all application requirements. In addition to equipment, the Company provides extensive aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Its Purion flagship systems are all based on a common platform, which enables a combination of implant purity, precision and productivity. Combining a single wafer end station, with advanced spot beam architectures (that ensures all points across the wafer see the same beam condition at the same beam angle), Purion products enable process control to optimize device performance and yield, at high productivity. The Company sells its products to semiconductor chip manufacturers around the world.
AXCELIS TECHNOLOGIES, INC. 
