Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Axcelis Technologies, Inc. (ACLS) is a semiconductor equipment company. The Zacks Consensus Estimate for its current year earnings has been revised 7.4% downward over the last 60 days.Bristol-Myers Squibb Company (BMY) is a biopharmaceutical company. The Zacks Consensus Estimate for its current year earnings has been revised 9.3% downward over the last 60 days.ChampionX Corporation (CHX) is an oilfield services provider.The Zacks Cons ...

Axcelis Technologies (ACLS -6.10%) stock is losing ground Thursday. The semiconductor equipment company's share price was down 7.3% as of 12:30 p.m. ET, according to data from S&P Global Market Intelligence.Axcelis published fourth-quarter earnings results after the market closed yesterday and actually delivered sales and earnings performance that beat Wall Street's expectations. The business posted earnings of $2.15 per share on revenue of $310.29 million, beating the average analyst estimate's call for a ...

Axcelis Technologies, Inc. (NASDAQ:ACLS) Q4 2023 Earnings Conference Call February 8, 2024 8:30 AM ET Company Participants Douglas Lawson - Executive Vice President, Corporate Marketing and Strategy Russell Low - President and Chief Executive Officer James Coogan - Executive Vice President and Chief Financial Officer Conference Call Participants Craig Ellis - B. Riley Securities Tom Diffely - D.A. Davidson & Company Mark Miller - The Benchmark Company Jed Dorsheimer - William Blair David Duley - Steelhead S ...

Investor Presentation February 7, 2024 Safe Harbor Statement This presentation and discussion contain forward-looking statements, including our expectations for the future market ...

Axcelis Technologies (ACLS) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $1.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.59%. A quarter ago, it was expected that this semiconductor services company would post earnings of $1.73 per share when it actually produced earnings of $1.99, delivering a surprise of 15.03%.Over the last ...

Record Revenue for 2023, Achieving Year-Over-Year Growth of 23% BEVERLY, Mass., Feb. 7, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS) today announced financial results for the fourth quarter and full year ended December 31, 2023. Highlights include: Record full year revenue, operating profit and EPS, enabling the Company to surpass its $1.1 billion revenue model. Continued strong growth from the Purion Power Series™ product line. Significant increase in Purion™ installed base drove record ...

Artificial intelligence stocks have captured headlines and captivated investors for several years. However, the excitement reached the mainstream in 2023 as many firms delivered exceptional earnings. The trend has continued in 2024, with artificial intelligence stocks leading the way yet again. However, some AI stocks have missed the rally, while others look undervalued despite strong surges at the start of the year. These are some of the undervalued AI stocks to consider.Supermicro (SMCI)Supermicro (NASDAQ ...

Axcelis Technologies Inc (ACLS) is slated to report fourth-quarter 2023 results on Feb 7.Recently the company revised its financial outlook for the fourth quarter of 2023 and reiterated its expectations for 2023.ACLS now anticipates fourth-quarter revenues to surpass $300 million, exceeding the earlier estimate of $295 million. It reiterates its expectation for 2023 revenues to exceed $1.1 billion. Earnings per share for the same quarter are now projected to exceed $2.05, up from the previous estimate of $2 ...

Axcelis Technologies (ACLS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this semiconductor services company have returned +12.5%, compared to the Zacks S&P 500 composite's +2.9% change. During this period, the Zacks Electronics - Manufacturing Machinery industry, which Axcelis falls in, has lost 0.7%. The key question now is: What could be the stock's ...

Axcelis Technologies (ACLS) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 7, 2024, might help the stock move higher if these key numbers are b ...