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Axcelis Technologies Inc - $ACLS STOCK NEWS

Welcome to our dedicated page for Axcelis Technologies news (Ticker: $ACLS), a resource for investors and traders seeking the latest updates and insights on Axcelis Technologies stock.

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Axcelis Technologies, Inc. (NASDAQ: ACLS) announced its participation in several upcoming investor conferences, providing a platform for management to engage with investors and discuss the company's offerings for the semiconductor industry.

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-1.9%
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Axcelis Technologies, Inc. (ACLS) announced financial results for Q1 2024, reporting revenue of $252.4 million, a gross margin of 46%, and EPS of $1.57. Despite revenue decline from the previous quarter, the company exceeded guidance and highlighted growth in the implant intensive power device segment and shipments to China. The CEO mentioned continued strong execution and product success, while the CFO emphasized robust cash flow and a positive outlook for 2024.

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4.86%
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Axcelis Technologies, Inc. (Nasdaq: ACLS) has been awarded the prestigious Texas Instruments 2023 Supplier Excellence Award for the fifth time in the last 11 years. The award recognizes Axcelis' outstanding performance in Cost, Environmental & Social Responsibility, Technology, Responsiveness, Assurance of Supply, and Quality. The company's dedication to customer collaboration and success, along with its commitment to a strong partnership with Texas Instruments, has been highlighted. Axcelis looks forward to continuing to provide value-added upgrades and services to the installed base and supporting Texas Instruments' expansion plans.
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Axcelis Technologies, Inc. (Nasdaq: ACLS) announced multiple shipments of Purion Power Series ion implanter systems to leading silicon carbide chipmakers worldwide. The shipments included high current, high energy, and medium current implanters for power device production in automotive, industrial, and energy sectors. President and CEO Russell Low highlighted the company's market leadership and ability to provide complete recipe coverage for all power device applications.
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-2.49%
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Axcelis Technologies, Inc. (ACLS) will announce its first-quarter 2024 financial results on May 1, 2024, followed by a discussion call on May 2, 2024. The call will be accessible via webcast on the company's Investors page.
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Axcelis Technologies, Inc. (Nasdaq: ACLS) announced the shipment of Purion EXE™ SiC high energy implanter and successful evaluation closure of Purion H200™ SiC medium energy implanter at leading power device chipmakers in Japan. The systems will be used for silicon carbide power devices supporting various applications. The company aims to expand market share through innovative technology and complete recipe coverage for all power device applications.
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Axcelis Technologies, Inc. (ACLS) announced multiple shipments of Purion M™ SiC medium current implanters to leading power device chipmakers in China. The systems will support silicon carbide power devices for automotive, industrial, and energy applications. The company aims to enhance customer manufacturing capabilities in the growing silicon carbide power device market.
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1.72%
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Axcelis Technologies, Inc. (Nasdaq: ACLS) will sponsor the Power and Compound Semiconductor Forum at SEMICON China 2024, showcasing their ion implantation solutions. The event will feature a technical seminar on Ion Implantation and Applications for Power Devices. President and CEO Russell Low expressed enthusiasm for the Chinese market and the opportunity to offer their technology to chipmakers.
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Axcelis Technologies, Inc. (ACLS) appoints Gregory Graves and Dr. Necip Sayiner to its Board of Directors, bringing valuable semiconductor industry expertise. Graves, with a background in finance and strategic planning, served at Entegris, Inc. and currently directs Skywater Technologies. Dr. Sayiner, known for his leadership at Renesas Electronics and Intersil Corporation, adds significant semiconductor product development experience. The appointments aim to drive Axcelis's growth to new heights.
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1.76%
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Axcelis Technologies, Inc. (ACLS) achieved record revenue for 2023, with a year-over-year growth of 23%. The company reported full-year revenue of $1.13 billion, a 23% increase from 2022, and a record for the company. Operating profit also increased by 25% to $265.8 million, with a net income of $246.3 million and diluted earnings per share of $7.43, a 35% increase from the previous year. The Purion Power Series™ product line continued to show strong growth, driving a significant increase in CS&I revenue. The company ended the year with a systems backlog of $1.2 billion. President and CEO Russell Low expressed confidence in the company's performance and outlook for 2025, citing strong execution and robust demand for their products.
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Axcelis Technologies Inc

Nasdaq:ACLS

ACLS Rankings

ACLS Stock Data

3.62B
32.22M
1.08%
94.53%
6.06%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
BEVERLY

About ACLS

axcelis technologies, inc. is a world-leading provider of equipment and services to the semiconductor manufacturing industry. for thirty five years, chipmakers from around the globe have relied on axcelis'​ tools and process expertise to form the transistors that power all electronics - from smartphones and laptops, cameras, personal music players and more. our equipment portfolio comprises a powerful suite of manufacturing technologies for ion implantation, one of the most critical steps in the ic manufacturing process. in addition, we provide extensive aftermarket service and support, including spare parts, equipment upgrades, maintenance services, and customer training. our customers include all of the 20 largest semiconductor manufacturers in the world. more than 3000 of our products are in use worldwide. at our advanced technology center in beverly, mass., we collaborate with customers and other industry experts to develop next-generation applications and process capabilities. we