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

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Axcelis Announces Financial Results For Second Quarter 2016

August 2, 2016 4:01 PM EDT

BEVERLY, Mass., Aug. 2, 2016 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS) today announced financial results for the second quarter ended June 30, 2016.

The Company reported second quarter revenue of $64.5 million, compared to $67.5 million for the first quarter of 2016. Operating profit for the quarter was $4.6 million, compared to $2.5 million for the first quarter. Net income for the quarter was $2.9 million, or $0.10 per diluted share. This compares to net income for the first... More