In This Article:
Axcelis Technologies (NASDAQ:ACLS) Full Year 2024 Results
Key Financial Results
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Revenue: US$1.02b (down 10.0% from FY 2023).
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Net income: US$201.0m (down 18% from FY 2023).
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Profit margin: 20% (down from 22% in FY 2023). The decrease in margin was driven by lower revenue.
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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
Be aware that Axcelis Technologies is showing 1 warning sign in our investment analysis that you should know about...
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