Axcelis (ACLS) Increases Q4 Guidance, Eyes Strong Growth Ahead
ACLSAxcelis(ACLS) Zacks Investment Research·2024-01-17 22:46

Axcelis Technologies (ACLS) has revised its financial outlook for the fourth quarter of 2023 and reiterated its expectations for 2023. The company is scheduled to report fourth-quarter results on Feb 7, 2024.The company anticipates fourth-quarter revenues to surpass $300 million, exceeding the earlier estimate of approximately $295 million and reiterates its expectation for 2023 revenues to exceed $1.1 billion. Earnings per diluted share for the same quarter are now projected to exceed $2.05, up from the pr ...