Axcelis Announces Financial Results For Second Quarter 2018

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Axcelis Technologies (ACLS) PT Lowered to $27 at Needham & Company

August 3, 2018 6:32 AM EDT

Needham & Company lowered its price target on Axcelis Technologies (NASDAQ: ACLS) to $27.00 (from $28.00) while maintaining a Buy rating.

Analyst Y. Edwin Mok commented, "ACLS reported a strong 2Q18, beating consensus estimates. 3Q18 revenue guidance was below consensus but was expected given the memory... More

Axcelis Technologies (ACLS) Tops Q2 EPS by 8c; Guides Below Views

August 2, 2018 4:03 PM EDT

Axcelis Technologies (NASDAQ: ACLS) reported Q2 EPS of $0.43, $0.08 better than the analyst estimate of $0.35. Revenue for the quarter came in at $119.3 million versus the consensus estimate of $116.33 million.

GUIDANCE:

Axcelis Technologies sees Q3 2018 EPS of $0.15-$0.20, versus the consensus of $0.31.... More