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Axcelis Technologies Inc - ACLS STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Axcelis Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Axcelis Technologies's position in the market.

News
Axcelis Announces Multiple Shipments of Purion Power Series Implanters to Leading Silicon Carbide Chipmakers Worldwide
Rhea-AI Summary
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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Axcelis Announces Timing and Availability of First Quarter 2024 Results and Conference Call
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.83%
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earnings
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Axcelis Announces Shipment of 'Purion EXE SiC Power Series' Implanter and Successful 'Purion H200 SiC Power Series' Eval Closure at Leading Power Device Manufacturers in Japan
Rhea-AI Summary
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.
Rhea-AI Impact
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End-of-Day
-3.75%
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Axcelis Announces Multiple Shipments of 150mm 'Purion M SiC Power Series' Implanters to Leading Power Device Manufacturers in China
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.72%
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Axcelis Announces Participation in SEMICON China 2024
Rhea-AI Summary
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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-0.5%
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AXCELIS STRENGTHENS ITS BOARD WITH THE ELECTION OF TWO DIRECTORS
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.76%
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Axcelis Announces Financial Results for Fourth Quarter and Full Year 2023
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.03%
Tags
earnings
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Axcelis Announces Participation in Upcoming Investor Conferences
Rhea-AI Summary
Axcelis Technologies, Inc. (ACLS) is set to participate in the Wolfe Research Inaugural Semiconductor Conference on February 14 and 15, 2024, and the Susquehanna Financial Group Thirteenth Annual Technology Conference on February 29, 2024, and virtually on March 1, 2024. The company's management will host one-on-one and small group meetings with interested investors at both events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
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Axcelis Announces Participation in SEMICON Korea 2024
Rhea-AI Summary
Axcelis Technologies, Inc. (ACLS) will showcase its Purion™ platform of ion implanters at SEMICON Korea 2024, held at the COEX Center in Seoul, Korea from January 31st to February 2nd. The company aims to provide semiconductor manufacturers with innovative ion implantation solutions, positioning itself as a leading supplier in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.74%
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Axcelis Updates and Increases Q4 2023 Guidance
Rhea-AI Summary
Axcelis Technologies, Inc. increased financial guidance for Q4 2023, with revenue expected to be above $300 million and full year 2023 revenue expectations reaffirmed above $1.1 billion. Earnings per diluted share for Q4 2023 are forecasted to be greater than $2.05. The company attributes its strong financial performance to strong execution, leadership position in the power device market, and expects continued growth in 2024 and 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.83%
Tags
earnings
Stock ACLS logo
Axcelis Technologies Inc

Nasdaq:ACLS

ACLS Rankings

#1471 Ranked by Market Cap
#81 Ranked by Stock Gains
N/A Ranked by Dividends

ACLS Stock Data

3.40B
32.22M
1.08%
94.53%
6.06%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
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