Axcelis (ACLS) Q3 2026 Earnings Call Transcript

Axcelis Technologies (ACLS) anticipates $275M in Q4 revenue and aims to complete its merger with Veeco by the end of Q1 2027. The company also announced Jeroen Delsman as its new CFO, effective November 12th.

Axcelis Technologies reported Q3 2026 earnings exceeding expectations, driven by higher revenue and lower expenses, despite FX headwinds. AI demand in data centers and memory sectors boosted performance. CS&I revenue hit a record $93M. The company expects 2027 growth and a Q1 2027 merger close with Veeco. Gross margin was 41.2%, affected by currency fluctuations. A new CFO was appointed, and operating expenses were lower than forecasted.

Axcelis Technologies (ACLS) reported Q3 earnings, highlighting increased silicon carbide sales and rising power bookings. Memory sales were 20% of system sales, with DRAM revenue expected to surpass $90M in 2026. The company plans a $35M manufacturing facility in Korea. Q4 guidance includes a 42.5% gross margin and $56M adjusted EBITDA. The merger with Veeco Instruments is expected to close by Q1 2027. Jeroen Delsman will join as CFO on November 12.

Axcelis Technologies reported Q3 2026 revenue of $238M, EPS of $1.26, and bookings of $222M, driven by demand recovery. The company expects growth in 2027 across memory, power, and other key markets, with Q4 revenue guidance of ~$275M.

AXCELIS TECHNOLOGIES INC (ACLS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 News Release Axcelis Announces Financial Results for Third Quarter 2026 Q3 2026 Highlights: · Revenue of $237.8 million · GAAP Gross Margin of 41.0%, and Non-GAAP Gross Margin of 41.2% · GAAP Operating Margin of 11.5% and Non-GAAP Operating Margin of 16.6% · GAAP Dil

Axcelis (ACLS) reported Q3 EPS of $1.26, beating estimates by $0.22, with revenue of $237.8M, exceeding expectations. The company guided Q4 2026 EPS to $1.50, above the consensus of $1.22. ACLS stock is down 34.31% over 3 months but up 12.17% over 12 months.