Axcelis Technologies Full Year 2024 Earnings: EPS Beats Expectations

Axcelis Technologies (NASDAQ:ACLS) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.02b (down 10.0% from FY 2023).
• Net income: US$201.0m (down 18% from FY 2023).
• Profit margin: 20% (down from 22% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: US$6.17 (down from US$7.52 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Axcelis Technologies EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.0%.

Looking ahead, revenue is expected to decline by 5.9% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in the US are expected to grow by 17%.

Performance of the American Semiconductor industry.

The company's shares are down 10% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Axcelis Technologies you should know about.

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