Axcelis Technologies (ACLS) Guides Q4 Revenue Ahead of Views

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Axcelis Updates Q4 2015 Guidance

January 12, 2016 8:03 AM EST

BEVERLY, Mass., Jan. 12, 2016 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced today that it was updating guidance for the fourth quarter of 2015, prior to presenting at the 18th Annual Needham Growth Conference this week. 

The Company now expects fourth quarter revenue of approximately $70 million, gross margins in the low 30% range and operating profit of approximately $2 million. Earnings per share are expected to be breakeven to $0.01 and our cash... More