Axcelis: Q2 Earnings Snapshot

August 3, 2022 GMT

BEVERLY, Mass. (AP) _ Axcelis Technologies Inc. (ACLS) on Wednesday reported second-quarter net income of $44.2 million.

On a per-share basis, the Beverly, Massachusetts-based company said it had net income of $1.32.

The semiconductor services company posted revenue of $221.2 million in the period.

For the current quarter ending in October, Axcelis said it expects revenue in the range of $220 million to $228 million.

Axcelis shares have declined 2.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $72.70, a climb of 86% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACLS at https://www.zacks.com/ap/ACLS