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Axcelis Technologies Inc (OQ:ACLS)

Business Focus: Semiconductor Equipment & Testing

Sector:  Technology Industry:  Semiconductor Equipment & Testing
 
See Regulatory Filings on SEC
Company Contact
Address: 108 Cherry Hill Dr
BEVERLY MA 01915
Tel: 1-978-7874000
Website: https://www.axcelis.com
IR: See website
Key People
Russell J. Low
President, Chief Executive Officer, Director
James Gordon Coogan
Chief Financial Officer, Executive Vice President
Lynnette C. Fallon
Executive Vice President - Human Resources and Legal, General Counsel, Corporate Secretary
Douglas A. Lawson
Executive Vice President - Corporate Marketing and Strategy
Gregory F. Redinbo
Executive Vice President - Marketing and Applications
Gerald M. Blumenstock
Executive Vice President - Engineering
Christopher Tatnall
Executive Vice President - Global Customer Operations
   
Business Overview
Axcelis Technologies, Inc. designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company offers a complete line of high energy, high current and medium current implanters for all application requirements. In addition to equipment, the Company provides extensive aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Its Purion flagship systems are all based on a common platform, which enables a combination of implant purity, precision and productivity. Combining a single wafer end station, with advanced spot beam architectures (that ensures all points across the wafer see the same beam condition at the same beam angle), Purion products enable process control to optimize device performance and yield, at high productivity. The Company sells its products to semiconductor chip manufacturers around the world.
Financial Overview
For the three months ended 31 March 2024, Axcelis Technologies Inc revenues decreased 1% to $252.4M. Net income increased 8% to $51.6M. Revenues reflect Aftermarket segment decrease of 3% to $56.9M, Asia Pacific segment decrease of 2% to $188.2M. Net income reflects Interest Income increase of 40% to $5.5M (income), Operating lease cost decrease of 30% to $194K (expense).