Axcelis Technologies (ACLS) Tops Q1 EPS by 7c

Axcelis Technologies (NASDAQ: ACLS) reported Q1 EPS of $0.18, $0.07 better than the analyst estimate of $0.11. Revenue for the quarter came in at $91.5 million versus the consensus estimate of $93.05 million.

GUIDANCE:

For the second quarter ending June 30, 2019, Axcelis expects revenues to be approximately $80 million. Gross margin in the second quarter is expected to be approximately 40%. Second quarter operating profit is forecasted to be approximately $2 million. Earnings per diluted share is expected to be in the range of $0.01-0.03.

For earnings history and earnings-related data on Axcelis Technologies (ACLS) click here.

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