Edited Transcript of ACLS earnings conference call or presentation 1-Nov-19 12:30pm GMT [Yahoo! Finance News]
Axcelis Technologies, Inc. (ACLS)
Last axcelis technologies, inc. earnings: 2/5 04:01 pm
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Edited Transcript of ACLS earnings conference call or presentation 1-Nov-19 12:30pm GMT For the fourth quarter, we are forecasting sustaining revenues to increase by 33% to 44%, ranging from $92 million to $100 million. We are also forecasting gross margins of approximately 38%, driven by a systems mix that includes more base Purion H systems. We expect operating profit to range between $6 million and $9 million and EPS between $0.14 and $0.20. We expect revenues in Q4 to rebound due to increasing activity in China and continued investment by mature foundry/logic customers, particularly those with an emphasis on image sensors and power devices. Although we still expect the memory recovery to begin during the first half of 2020, we are seeing early signs of this pickup with approximately 40% of our Q4 revenue expected from the memory market, evenly split between NAND and DRAM. Quote activity during the third quarter remained strong, and bookings increased significantly for systems, esp
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ACLS
Earnings
- 11/6/24 - Beat
ACLS
Sec Filings
- 11/19/24 - Form 4/A
- 11/8/24 - Form SC
- 11/7/24 - Form 10-Q
- ACLS's page on the SEC website