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Axcelis Technologies Inc. (Nasdaq: ACLS) is a world-leading provider of equipment and services to the semiconductor manufacturing industry. For over 35 years, Axcelis has been a trusted partner for chipmakers globally, delivering cutting-edge solutions and expertise in the critical process of ion implantation. This process is essential for the fabrication of semiconductor chips used in everyday electronics such as smartphones, laptops, cameras, and more.
The company's suite of products includes advanced ion implantation systems, which form transistors that power electronic devices. Axcelis' Purion™ platform is renowned for its flexibility and advanced technology, catering to diverse needs from high current to high energy implants. The Purion Power Series™, particularly, addresses the growing demand in power device applications, including silicon carbide (SiC) technology, crucial for automotive, industrial, and energy applications.
Axcelis also offers comprehensive aftermarket services, including spare parts, equipment upgrades, maintenance, and customer training, ensuring maximum operational efficiency and longevity of its products. The company’s advanced technology center in Beverly, Mass., serves as a hub for innovation, collaborating with industry experts and customers to develop next-generation applications.
Financially robust, Axcelis continues to achieve record performance. In 2023, the company reported a 23% year-over-year growth, with revenues surpassing $1.1 billion. The strong market position is further evidenced by a $1.2 billion backlog at the year's end. Axcelis' strategic focus on the Asia Pacific region, which contributes significantly to its revenue, underscores its global outreach and market adaptability.
Recent achievements highlight Axcelis' leadership and innovation. The company showcased its latest technologies at SEMICON Korea 2024 and announced multiple shipments of its Purion Power Series™ to leading chipmakers worldwide. Axcelis also strengthened its board with new directors, bringing in valuable industry expertise.
As the semiconductor industry evolves, Axcelis remains committed to driving innovation and supporting its customers with state-of-the-art ion implantation solutions, ensuring a bright and technologically advanced future.
Axcelis Technologies (Nasdaq: ACLS) updated its fourth quarter 2020 financial guidance, expecting revenue of approximately $120 million, exceeding previous guidance of $110 million. Gross margin is projected at 43%, improved from 41%, with earnings per share rising to $0.32 from $0.21. The company also announced a $100 million share repurchase program for 2021, indicating strong confidence in operational prospects. Upcoming financial results will be disclosed on February 10, 2021, with a conference call scheduled for February 11, 2021.
Axcelis Technologies (Nasdaq: ACLS) announced its participation in the 23rd Annual Needham Virtual Growth Conference from January 11-15, 2021. Key executives including President and CEO Mary Puma, CFO Kevin Brewer, and EVP Doug Lawson will engage in a fireside chat on January 13 at 11:30 a.m. EST. The event will include one-on-one meetings and a live webcast accessible on their website. Axcelis, based in Beverly, Mass., specializes in ion implantation solutions for the semiconductor industry, boasting over 40 years of experience.
Axcelis Technologies (Nasdaq: ACLS) will participate in the 12th Annual CEO Investor Summit on December 16, 2020. Key executives, including Mary Puma, Kevin Brewer, and Doug Lawson, will engage in a virtual format with investors and analysts. This event allows for up to six meetings per company, and a pre-recorded company overview will be available for viewing 24 hours prior. Registration is required by December 10, 2020 to ensure participation in this exclusive event.
Axcelis Technologies (NASDAQ: ACLS) will participate in the virtual D.A. Davidson Semicap, Laser and Optical Conference on December 15, 2020. The management team will hold one-on-one meetings throughout the event. With over 40 years of experience, Axcelis supplies innovative ion implantation solutions critical to the semiconductor industry's manufacturing process.
Axcelis Technologies (ACLS) reported third-quarter 2020 revenue of $110.4 million, down from $123 million in Q2 2020. Operating profit decreased to $13.9 million, while net income was $10.8 million or $0.32 per diluted share, compared to $13.3 million or $0.39 per diluted share in the previous quarter. Gross margin improved to 43.6%. Cash and equivalents rose to $212.7 million. For Q4, revenue is projected to be around $110 million with a 41% gross margin and earnings per share of $0.21.
Axcelis Technologies (Nasdaq: ACLS), based in Beverly, Mass., is set to participate in the Benchmark Technology Conference on November 12th, 2020. The conference will be conducted virtually, featuring one-on-one meetings hosted by Doug Lawson, the executive vice president of corporate marketing and strategy. Investors interested in attending can get more details and schedule meetings through the Benchmark website.
With over 40 years in the industry, Axcelis specializes in ion implantation solutions crucial for semiconductor manufacturing.
Axcelis Technologies announced the shipment of multiple Purion VXE and Purion EXE high energy systems to major CMOS image sensor manufacturers. These systems, part of the Purion high energy implanter series, support advanced applications in the growing IoT and mobile markets. Bill Bintz, Executive Vice President, emphasized the demand for these high energy implants, which offer precise doping profiles. This development further strengthens Axcelis' leadership position in the semiconductor industry, showcasing a robust product portfolio designed to meet customer needs.
Axcelis Technologies (ACLS) will announce its third quarter 2020 financial results on November 5, 2020, at 4:00 p.m. ET. Following the release, a conference call will be held on November 6, 2020, at 8:30 a.m. ET, accessible via audio webcast on Axcelis' investor page. Participants can ask questions by dialing 866.588.8911 (or 707.294.1561 internationally) with Conference ID: 1999553. Axcelis has been innovating in the semiconductor industry for over 40 years, focusing on ion implantation systems.
Axcelis Technologies (Nasdaq: ACLS) announced the shipment of its first Purion H200 high current implanter evaluation system and a follow-on order for the Purion M SiC medium current implanter to leading power device manufacturers. The Purion H200 is designed for Si power device production, while the Purion M SiC system supports fab capacity expansion. Both systems were shipped in Q3 2020. CEO Mary Puma emphasized the importance of expanding their customer footprint in the power device market to achieve the company's long-term $650M business model.
On September 16, 2020, Axcelis Technologies (Nasdaq: ACLS) announced the shipment of multiple evaluation systems for its next-generation Purion H to customers in the Asia Pacific region. This shipment, part of their third-quarter activities, is aimed at advanced logic and 3D NAND memory device manufacturers. CEO Mary Puma highlighted the significance of these shipments for growth in the high current ion implant market, projecting a long-term business model worth $650M. The Purion H platform features advanced technology designed to meet critical manufacturing challenges.
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