Axcelis Technologies: Q1 Earnings Insights

Axcelis Technologies (NASDAQ:ACLS) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:01 PM. Here’s what…

Axcelis Technologies (NASDAQ:ACLS) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:01 PM.

Here’s what investors need to know about the announcement.

Earnings

Axcelis Technologies beat estimated earnings by 13.49%, reporting an EPS of $1.43 versus an estimate of $1.26.

Revenue was up $50.42 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.33 which was followed by a 5.82% increase in the share price the next day.

Here’s a look at Axcelis Technologies’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.38 1.13 1 0.92
EPS Actual 1.71 1.21 1.32 1.22
Revenue Estimate 248.64M 224.38M 212.71M 193.11M
Revenue Actual 266.05M 229.18M 221.18M 203.59M

To track all earnings releases for Axcelis Technologies visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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