Axcelis Technologies Q2 EPS $1.86 Beats $1.46 Estimate, Sales $273.97M Beat $256.00M Estimate
Portfolio Pulse from saritha@benzinga.com
Axcelis Technologies reported Q2 earnings of $1.86 per share, beating the analyst consensus estimate of $1.46 by 27.4%. This is a 40.91% increase from the same period last year. The company also reported quarterly sales of $273.97 million, beating the analyst consensus estimate of $256.00 million by 7.02%. This is a 23.87% increase from the same period last year.
August 04, 2023 | 12:07 pm
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POSITIVE IMPACT
Axcelis Technologies reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Axcelis Technologies reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100