NasdaqGS:ACLSSemiconductor
Axcelis Technologies (ACLS) Stock Faces Margin Squeeze Despite Revenue Progress
Axcelis Technologies stock was already under pressure over the last three months, then jumped about 2.5% to roughly US$140 once investors saw the second quarter report. The move looks modest next to the recent 13.9% three month decline, yet the headline numbers point straight at profitability stress. Trailing net profit margin now sits at 10.7% compared with 17.7% a year earlier, while the valuation still implies a rich future with a P/E around 46.7x. The real question for you is whether this...