Axcelis Technologies: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Axcelis Technologies (NASDAQ:ACLS) reported Q4 earnings with an EPS of $2.15, beating estimates by 6.44% and showing a revenue increase of $44.24 million from the previous year. The company has consistently beaten EPS estimates over the past four quarters, with share price reacting positively to past earnings announcements.
February 07, 2024 | 9:05 pm
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Axcelis Technologies reported a Q4 EPS of $2.15, surpassing estimates by 6.44%, and a significant year-over-year revenue increase. The company has a history of beating EPS estimates, positively influencing its stock price.
Axcelis Technologies' consistent performance in surpassing earnings estimates, coupled with a significant year-over-year revenue increase, suggests a positive outlook for the stock. Historically, the company's stock price has reacted positively to earnings beats, indicating a likely continuation of this trend.
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