Axcelis Technologies stock surged 10% after strong Q1 results, despite lower revenue

From Nasdaq: 2025-05-09 19:09:00

Axcelis Technologies (NASDAQ: ACLS) saw a 10% increase in share price after beating expectations in its first quarter of 2025, with revenue at $192.6 million, down from $252 million the year before. Despite the decline, the company predicts earning roughly $185 million in the second quarter and $0.73 per share in adjusted net income. Analysts project higher revenue at over $189 million but lower adjusted earnings at $0.50 per share. The semiconductor specialist remains optimistic amid market challenges, making it a potential buy candidate. However, it wasn’t among the top 10 stocks recommended by The Motley Fool Stock Advisor team.

Source: https://www.nasdaq.com/market-activity/stocks/acls



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