Axcelis Technologies Beat Consensus Estimates

Axcelis Technologies (ACLS) reported earnings of $1.04 per share on revenue of $192.56 million for the first quarter ended March 2025. The consensus earnings estimate was $0.39 per share on revenue of $184.65 million. The company beat consensus estimates by 166.67% while revenue fell 23.70% compared to the same quarter a year ago.

The company said it expects second quarter non-GAAP earnings of approximately $0.73 per share on revenue of approximately $185.0 million. The current consensus earnings estimate is $0.65 per share on revenue of $198.30 million for the quarter ending June 30, 2025.

Axcelis Technologies, Inc. designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe and Asia.