Axcelis Technologies Stock Earnings Reports
Axcelis Technologies Earnings Calls
Release date | May 07, 2025 |
EPS estimate | $0.390 |
EPS actual | - |
Revenue estimate | - |
Revenue actual | - |
Expected change | +/- 4.78% |
Release date | Feb 10, 2025 |
EPS estimate | $1.25 |
EPS actual | $1.54 |
EPS Surprise | 23.20% |
Revenue estimate | 221.588M |
Revenue actual | 252.417M |
Revenue Surprise | 13.91% |
Release date | Nov 06, 2024 |
EPS estimate | $1.43 |
EPS actual | $1.49 |
EPS Surprise | 4.20% |
Revenue estimate | 255.03M |
Revenue actual | 256.564M |
Revenue Surprise | 0.601% |
Release date | Jul 31, 2024 |
EPS estimate | $1.37 |
EPS actual | $1.55 |
EPS Surprise | 13.14% |
Revenue estimate | 250.3M |
Revenue actual | 256.512M |
Revenue Surprise | 2.48% |
Last 4 Quarters for Axcelis Technologies
Below you can see how ACLS performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Release date | Jul 31, 2024 |
Fiscal end date | Jun 30, 2024 |
Price on release | $126.35 |
EPS estimate | $1.37 |
EPS actual | $1.55 |
EPS surprise | 13.14% |
Date | Price |
---|---|
Jul 25, 2024 | $120.24 |
Jul 26, 2024 | $123.55 |
Jul 29, 2024 | $122.99 |
Jul 30, 2024 | $117.36 |
Jul 31, 2024 | $126.35 |
Aug 01, 2024 | $112.82 |
Aug 02, 2024 | $106.33 |
Aug 05, 2024 | $109.28 |
Aug 06, 2024 | $107.18 |
4 days before | 5.08% |
4 days after | -15.17% |
On release day | -10.71% |
Change in period | -10.86% |
Release date | Nov 06, 2024 |
Fiscal end date | Sep 30, 2024 |
Price on release | $87.95 |
EPS estimate | $1.43 |
EPS actual | $1.49 |
EPS surprise | 4.20% |
Date | Price |
---|---|
Oct 31, 2024 | $85.31 |
Nov 01, 2024 | $86.09 |
Nov 04, 2024 | $85.16 |
Nov 05, 2024 | $85.49 |
Nov 06, 2024 | $87.95 |
Nov 07, 2024 | $87.10 |
Nov 08, 2024 | $85.08 |
Nov 11, 2024 | $85.33 |
Nov 12, 2024 | $82.73 |
4 days before | 3.09% |
4 days after | -5.94% |
On release day | -0.97% |
Change in period | -3.02% |
Release date | Feb 10, 2025 |
Fiscal end date | Dec 31, 2024 |
Price on release | $67.58 |
EPS estimate | $1.25 |
EPS actual | $1.54 |
EPS surprise | 23.20% |
Date | Price |
---|---|
Feb 04, 2025 | $66.15 |
Feb 05, 2025 | $67.10 |
Feb 06, 2025 | $65.46 |
Feb 07, 2025 | $63.87 |
Feb 10, 2025 | $67.58 |
Feb 11, 2025 | $59.30 |
Feb 12, 2025 | $60.14 |
Feb 13, 2025 | $61.98 |
Feb 14, 2025 | $61.06 |
4 days before | 2.16% |
4 days after | -9.65% |
On release day | -12.25% |
Change in period | -7.69% |
Release date | May 07, 2025 |
Fiscal end date | Mar 30, 2025 |
Price on release | - |
EPS estimate | $0.390 |
EPS actual | - |
Date | Price |
---|---|
Apr 11, 2025 | $47.05 |
Apr 14, 2025 | $47.48 |
Apr 15, 2025 | $47.17 |
Apr 16, 2025 | $44.62 |
Apr 17, 2025 | $44.78 |
Axcelis Technologies Earnings Call Transcript Summary of Q4 2024
Full Year 2024 Revenue
Total of $1.02 billion, with system sales and CS&I (Consumables, Spares, and Services) at $783 million and $235 million, respectively.
Gross Margins
46% in Q4, up from 42.5% guidance; 44.7% for the full year, reflecting a year-over-year increase due to favorable product mix and cost control.
OPEX
Higher than expected at $61.7 million in Q4 due to increased variable compensation.
Cash Flow
Generated $8 million in free cash flow in Q4; ended year with $571 million in cash and no debt.
Share Buyback
$60 million repurchased in 2024, with an additional $130 million authorized for future buybacks.
Key Business Segments
- Silicon Carbide:
- Revenue up 6% YoY in 2024; anticipated slight decline in Q1 2025 due to customer digestion periods.
- Expected long-term growth driven by increasing adoption in EVs and industrial applications.
- General Mature:
- Represents majority share in mature node applications; revenues declined, anticipating continued softness in 2025 due to market recovery expectations in automotive and industrial sectors.
- Memory:
- Anticipated consistent contribution from DRAM in Q1; NAND market appears muted, with no significant capacity increases expected in 2025.
- Advanced Logic:
- Ongoing initiatives to penetrate the market with new customers and applications, but growth viewed as strategic and multi-year due to early-stage development.
Market Outlook
- 2025 Revenue Outlook: Expected to decline YoY, with a projected Q1 revenue of approximately $185 million and slight uptick in the second half.
- Gross Margins: Forecast to rebound through 2025 with anticipated improvements from product mix and ongoing cost control.
- Customer Trends: Indications from customer orders suggest stabilizing bookings and a potential recovery in demand towards the second half of 2025.
Risks and Compliance
- Export Controls: Adverse impacts from U.S. restrictions on China have been factored into the financial guidance, with a projected revenue impact in the lower end of the previously guided range of $20 million to $50 million.
Strategic Focus
- Investment in R&D: Commitment to innovation and development of new technologies to support customer growth and efficiency improvements.
- Geographic Expansion: Plans in place to enhance presence in Japan, considering it a significant growth opportunity.
- Long-Term Strategy: Despite near-term challenges, the company emphasizes a commitment to its long-term growth avenues through strategic customer engagements and technology advancements.
Conclusion
Axcelis is navigating a transitional year with a focus on operational strength and strategic advancements. Investors are advised to consider the long-term prospects in key growth areas, even amid expected near-term revenue challenges. The company maintains confidence in achieving its 2027 revenue goal of $1.6 billion, anchored by its core growth strategies.