Axcelis Technologies, Inc. (NASDAQ:ACLS) is expected to report third quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.24 per share.
Looking ahead, the full year income are expected at $ 1.17 per share on the revenues of $ 460.68 million.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.24 ~ $ 0.24 per share, while revenues are expected in a range of $ 110.00 million ~ $ 110.00 million
Click Here For More Historical Outlooks Of Axcelis Technologies, Inc.
Previous Quarter Performance
Axcelis Technologies, Inc. unveiled income for the second quarter of $ 0.39 per share, from the revenue of $ 122.97 million. The quarterly earnings 1,850.00 percent while revenues swell 65.48 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.27 per share from $ 116.18 million in revenue. The bottom line results beat street analysts by $ 0.12 or 44.44 percent, at the same time, top line results outshined analysts by $ 6.79 million or 5.84 percent.
Stock Performance
Shares of Axcelis Technologies, Inc. traded up $ 0.99 or 4.24 percent on Wednesday, reaching $ 24.33 with volume of 201.10 thousand shares. Axcelis Technologies, Inc. has traded high as $ 24.37 and has cracked $ 23.50 on the downward trend
The closing price of $ 24.33, representing a 79.68 % increase from the 52 week low of $ 12.99 and a 25.9 % decrease over the 52 week high of $ 31.50.
The company has a market capital of $ 814.21 million and is part of the Technology sector and Semiconductor Equipment & Materials industry.
Recent Analyst recommendations
- On 21st September 2020, upgraded by Stifel Nicolaus to Buy from Hold rating.
Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips worldwide. The company offers a line of high energy, high current, and medium current implanters for various application requirements.
