Axcelis Technologies Sees Q1 2024 Revenue $242M Vs $284.903M Est.
Portfolio Pulse from Benzinga Newsdesk
Axcelis Technologies projects its Q1 2024 revenue to be $242 million, which is below the estimated $284.903 million.
February 07, 2024 | 9:55 pm
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Axcelis Technologies expects its Q1 2024 revenue to fall short of analyst estimates, projecting $242 million against expectations of $284.903 million.
The projected revenue shortfall for Axcelis Technologies in Q1 2024 is significant, indicating potential challenges in meeting market expectations. This could lead to negative investor sentiment and a possible decrease in stock price in the short term.
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