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NASDAQ:ACLS
Axcelis Technologies Stock Earnings Reports
$44.78
+0.160 (+0.359%)
At Close: Apr 17, 2025
Axcelis Technologies Earnings Calls
Q1 2025
(Upcoming)
| Release date | May 07, 2025 |
| EPS estimate | $0.390 |
| EPS actual | - |
| Revenue estimate | - |
| Revenue actual | - |
| Expected change | +/- 4.78% |
Q4 2024
Beat
$1.54 (23.20%)
| 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% |
Q3 2024
Beat
$1.49 (4.20%)
| 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% |
Q2 2024
Beat
$1.55 (13.14%)
| 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.
Q2 2024
Beat
| 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% |
Q3 2024
Beat
| 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% |
Q4 2024
Beat
| 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% |
Q1 2025
(Upcoming)
| 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.
Axcelis Technologies Earnings History
Earnings Calendar
FAQ
When is the earnings report for ACLS?
Axcelis Technologies (ACLS) has scheduled its earnings report for May 07, 2025 before the markets open.
What is the ACLS price-to-earnings (P/E) ratio?
ACLS P/E ratio as of Apr 17, 2025 (TTM) is 7.20.
What is the ACLS EPS forecast?
The forecasted EPS (Earnings Per Share) for Axcelis Technologies (ACLS) for the first fiscal quarter 2025 is $0.390.
What are Axcelis Technologies's retained earnings?
On its balance sheet, Axcelis Technologies reported retained earnings of $252.42 million for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
