Axcelis Technologies (ACLS) Tops Q1 EPS by 1c

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Axcelis Announces Financial Results For First Quarter 2016

May 2, 2016 4:01 PM EDT

BEVERLY, Mass., May 2, 2016 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS) today announced financial results for the first quarter ended March 31, 2016. Highlights for the quarter include:

Total revenues of $67.5 million were above guidance: System revenues of $37 million. Operating profit of $2.5 million. Net income of $1.9 million or $0.02 per share. Increased Axcelis market share: Increased total market share to 18.3% in 2015 up from 12.4% in 2014. Doubled high current... More