Axcelis Technologies (ACLS) Tops Q2 EPS by 6c; Guides Q2 Revs Below the Street

Axcelis Technologies (NASDAQ: ACLS) reported Q2 EPS of $0.10, $0.06 better than the analyst estimate of $0.04. Revenue for the quarter came in at $64.5 million versus the consensus estimate of $66.04 million.

"During the second quarter, we made significant progress towards expanding our customer base through new penetrations and capacity buys, as well as offering new product line extensions to address emerging market needs," said President and CEO Mary Puma. "These actions position us well for a strong build cycle in 2017, which will drive continued market share gains."

GUIDANCE:

Axcelis Technologies sees Q3 2016 revenue of $65-70 million, versus the consensus of $72.1 million.

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

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