Axcelis Technologies, Inc. Revises Earnings Guidance for the Fourth Quarter and Full Year Ended December 31, 2022
January 10, 2023 at 04:01 pm
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Axcelis Technologies, Inc. revised earnings guidance for the fourth quarter and full year ended December 31, 2022. The company expects revenue for the fourth quarter of 2022 to exceed $250 million, above prior guidance of approximately $232 million -$240 million. Earnings per diluted share are forecasted to be greater than $1.45 for the fourth quarter, up from the previous guidance of approximately $1.00 - $1.10.
For the full year, the company delivers revenue above $900 million. The Company expects earnings per diluted share of greater than $5.00 for the full year 2022.
Axcelis Technologies, Inc. designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company offers a complete line of high energy, high current and medium current implanters for all application requirements. In addition to equipment, the Company provides extensive aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Its Purion flagship systems are all based on a common platform, which enables a combination of implant purity, precision and productivity. Combining a single wafer end station, with advanced spot beam architectures (that ensures all points across the wafer see the same beam condition at the same beam angle), Purion products enable process control to optimize device performance and yield, at high productivity. The Company sells its products to semiconductor chip manufacturers around the world.
AXCELIS TECHNOLOGIES, INC. 
