Axcelis Technologies Inc (ACLS) is slated to report second-quarter 2024 results on Jul 31.ACLS recently announced its preliminary second-quarter results, per which, now it expects revenues of more than $252 million while earnings per share (EPS) are projected to be more than $1.38. This compares with previously issued revenue guidance of $245 million and EPS of $1.30. The Zacks Consensus Estimate for second-quarter revenues is pegged at $252.4 million, which suggests a decline of 7.9% from a year ago. The c ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Axcelis Technologies (ACLS) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31 ...

BEVERLY, Mass., July 17, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry will release financial results for the second quarter 2024 on Wednesday, July 31, 2024, at 4:00 p.m. ET. The Company will host a call to discuss the results for the second quarter 2024 on Thursday, August 1, 2024, at 8:30 a.m. ET. The call will be available to interested listeners via an audio webcast that can be accessed through th ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Axcelis Technologies (ACLS) , which belongs to the Zacks Electronics - Manufacturing Machinery industry, could be a great candidate to consider.This semiconductor services company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters ...

Axcelis Technologies, Inc. (ACLS) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ACLS's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving av ...

Developing the most advanced artificial intelligence (AI) models wouldn't be possible without the semiconductor industry.In 2016, Nvidia (NVDA 2.48%) CEO Jensen Huang personally delivered the first artificial intelligence (AI) supercomputer to OpenAI. In hindsight, that was a significant moment in history because the start-up went on to develop one of the AI industry's most advanced applications, ChatGPT.ChatGPT and many of its competitors can already generate text, images, videos, and computer code on comm ...

The Company Announces Planned Retirement of Doug Lawson, Executive Vice President of Corporate Marketing and StrategyBEVERLY, Mass., June 27, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, today named David Ryzhik as Senior Vice President of Investor Relations and Corporate Strategy, assuming responsibility for the role in July 2024. The Company also announced the retirement of Doug Lawson, Executive V ...

Axcelis Technologies, Inc. (ACLS) recently expanded business operations in Japan by setting up new service offices in June 2024. The service offices, located in Chitose, Hokkaido and Kumamoto, Kyushu, will support the ACLS’ growing client base in the country.ACLS noted that its service centers are located near the customers, which will facilitate localized support resources for the Purion ion implant equipment, which is in production.In Japan, Axcelis has been forging business partnerships with Silicon and ...

BEVERLY, Mass., June 27, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (NASDAQ: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced the establishment of new service offices in Chitose, Hokkaido and Kumamoto, Kyushu to support the Company's expanding customer base in Japan. Both service office locations opened in June 2024.President and CEO of Axcelis Technologies Russell Low, said, "We are proud of our growing installed base in Japan and remain focuse ...

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