Axcelis Technologies (NASDAQ:ACLS) reported quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $1.13 by 7.08 percent. This is a 49.38 percent increase over earnings of $0.81 per share from the same period last year. The company reported quarterly sales of $229.18 million which beat the analyst consensus estimate of $224.38 million by 2.14 percent. This is a 29.70 percent increase over sales of $176.69 million the same period last year.
Jack Dorsey’s Block Implements Major Layoffs, Reduces 10% Of Workforce Amid Broader Tech Industry Job Cuts: Report
Block Inc., co-founded by Twitter creator Jack Dorsey, has initiated a major layoff strategy, affecting over a thousand employees across various sectors of the company.
