Axcelis Tech Ord Stock Price, News & Analysis

Axcelis Technologies (NASDAQ: ACLS), a leading supplier in the semiconductor sector, announced its participation in various investor conferences in November and December 2021. Key events include the Benchmark Company Technology Virtual Video 1x1 Investor Conference on November 17, the CEO Summit 2021 in San Francisco on December 8, the 2021 Virtual Investor Day on December 9, and the DA Davidson Semicap, Laser, and Optical Conference on December 15. These conferences provide a platform for management to engage with investors through virtual one-on-ones.

Axcelis Technologies, Inc. (Nasdaq: ACLS) reported strong financial results for Q3 2021, achieving revenue of $176.7 million, up from $147.3 million in Q2. The record system revenue of $126.2 million reflects growth in the implant systems segment. Net income rose to $27.5 million or $0.81 per diluted share, compared to $18.9 million or $0.55 in the previous quarter. The company anticipates approximately $190 million in revenue for Q4, with a gross margin expectation of 41.5%.

Axcelis Technologies (Nasdaq: ACLS) unveiled the GSD Ovation™ high current and high energy batch implanters, aimed at addressing the rising demand in 200mm fab construction. Following a surge since 2015 in 200mm fab activities, the new systems promise seamless integration with existing installations and enhanced 200mm production capabilities. The GSD Ovation family includes models suited for various applications, featuring energies ranging from general high current to high energy applications up to 4.9 MeV. This strategic move reinforces Axcelis' market position as a leader in the semiconductor sector.

Axcelis Technologies, Inc. (Nasdaq: ACLS) announced the shipment of its Purion™ high current and high energy implanters to a major memory device manufacturer in Asia. These shipments, which took place in Q3 and Q4, are intended for high-volume production of DRAM and NAND devices, supporting industries like 5G and AI. Executive VP Bill Bintz emphasized the need for memory manufacturers to enhance productivity while ensuring quality. This order is part of a broader trend towards increasing memory capacity in 2022.

Axcelis Technologies, Inc. (Nasdaq: ACLS) will release its third quarter 2021 financial results on November 3, 2021, at 4:00 p.m. ET. A conference call to discuss these results is scheduled for November 4, 2021, at 8:30 a.m. ET, available via audio webcast on Axcelis' website. The company has been a provider of innovative solutions for the semiconductor industry for over 40 years, focusing on ion implantation systems and complete lifecycle support.

Axcelis Technologies (Nasdaq: ACLS) announced the shipment of its complete family of Purion SiC Power Series™ implanters to major power device manufacturers in Asia and Europe. This includes follow-on orders for the Purion H200™ and Purion M™ as well as the new Purion XE™ high-energy implanter. These shipments, aimed at high-volume production for SiC power devices, support sectors such as automotive and IoT. Executive VP Bill Bintz highlighted the increasing demand for silicon carbide solutions driven by the electrification of the automotive industry.

Axcelis Technologies, Inc. (NASDAQ: ACLS), based in Beverly, Mass., announced its participation in two upcoming virtual investor conferences. The first is the Needham Virtual 2nd Annual SemiCap and EDA Conference on August 24, 2021, where management will host one-on-one meetings. The second is the Jefferies 2021 Semiconductor, IT Hardware and Communications Infrastructure Summit on August 31 and September 1, 2021, featuring one-on-one and small group meetings on August 31. Axcelis, a leader in ion implantation solutions, has over 40 years of experience in the semiconductor industry.

Axcelis Technologies reported strong second quarter 2021 results, with revenue of $147.3 million, up from $132.8 million in Q1. The operating profit increased to $24 million, while net income rose to $18.9 million or $0.55 per diluted share. Gross margin improved to 43.5%. The company anticipates approximately $170 million in Q3 revenue and $625 million for the full year. CEO Mary Puma highlighted growth driven by demand in the semiconductor sector, particularly from the electrification of the automotive industry.

Axcelis Technologies (Nasdaq: ACLS) announced the first shipment of its Purion EXE™ Power Series SiC high energy system to a customer in China, marking a significant milestone for the company. Additionally, multiple follow-on shipments of the Purion M™ and Purion XE™ Power Series SiC implanters were sent to top SiC power device manufacturers in Asia and Europe. These shipments support the growing demand for semiconductor devices needed for electric vehicles. The Purion product line enhances productivity and yield, crucial for Axcelis' growth strategy in the power device market.