Axcelis Technologies (ACLS) Tops Q1 EPS by 2c; Issues Solid Outlook

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Axcelis Announces Financial Results For First Quarter 2015

May 5, 2015 4:01 PM EDT

BEVERLY, Mass., May 5, 2015 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS) today announced financial results for the first quarter ended March 31, 2015. Recent highlights include:

Revenues of $73.3 million, a 17.2% increase over the fourth quarter. System sales of $42.5 million, a 42.3% increase over the fourth quarter. Operating profit of $3.4 million, the second consecutive quarter of profitability. Cash of $74.5 million, the highest level net of debt since 2002. Increased gross margin to 31.9% from 30.1% in the fourth quarter. Increased... More