Axcelis reports Q4 EPS $1.54, consensus $1.25

Reports Q4 revenue $252.4M, consensus $244.95M. President and CEO Russell Low commented, “Axcelis (ACLS) exited the year on a strong note, with fourth quarter revenue and profitability exceeding our expectations. As we look ahead to 2025, we anticipate a near term cyclical digestion period, as customers absorb the robust investments they’ve made into mature node capacity over the past few years – particularly in China. We are focused on capturing the long-term growth opportunities that lie ahead by investing in product innovation, managing our costs, and working closely with customers on their technology roadmaps – all of which will put us in an even stronger position for the next upturn.”