Axcelis Technologies, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2021
November 03, 2021 at 04:01 pm EDT
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Axcelis Technologies, Inc. provided earnings guidance for the fourth quarter and full year ending December 31, 2021. For the quarter, the company expects revenues to be approximately $190 million. Gross margin in the fourth quarter is expected to be approximately 41.5%. Fourth quarter operating profit is forecasted to be approximately $37 million with earnings per diluted share of approximately $0.84.
For the year, the company expects to exceed $640 million in revenue for the full year 2021.
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. 
