Axcelis Technologies (ACLS) Tops Q3 EPS by 3c; Guides Below the Street

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Axcelis Announces Financial Results For Third Quarter 2016

November 2, 2016 4:01 PM EDT

BEVERLY, Mass., Nov. 2, 2016 /PRNewswire/ -- Axcelis Technologies, Inc. (NASDAQ: ACLS) today announced financial results for the third quarter ended September 30, 2016. The Company reported third quarter revenue of $65.7 million, compared to $64.5 million for the second quarter of 2016. Operating profit for the quarter was $3.6 million, compared to $4.6 million for the second quarter. Net income for the quarter was $2.2 million, or $0.07 per diluted share. This compares to net income for the second quarter of 2016 of $2.9 million, or $0.10 per diluted share. Cash, cash... More