NASDAQ$ACLS
Axcelis Technologies Inc. · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Axcelis Technologies, Inc. announced its financial results for the fourth quarter and full year ended December 31, 2024, reporting revenue of $252.4 million and diluted earnings per share of $1.54 for the quarter.
Axcelis Technologies, Inc. concluded 2024 with strong fourth-quarter results, exceeding expectations in revenue and profitability. Despite a full-year revenue decline compared to 2023, the company achieved higher gross margins and generated solid free cash flow, positioning itself for future growth amidst a cyclical digestion period.
- Fourth quarter revenue was $252.4 million, exceeding expectations.
- Diluted earnings per share for Q4 2024 was $1.54.
- Gross margin for the fourth quarter improved to 46.0% from 42.9% in the prior quarter.
- Operating profit for the fourth quarter was $54.5 million, an increase from $46.9 million in the third quarter.
Headline financials
Revenue & EPS history
Axcelis · Revenue · Quarterly
$252M
Forward guidance
For the first quarter ending March 31, 2025, Axcelis expects revenues of approximately $185 million and diluted earnings per share of approximately $0.38.
Tailwinds
- Anticipates capturing long-term growth opportunities.
- Focused on investing in product innovation.
- Committed to managing costs effectively.
- Working closely with customers on technology roadmaps.
- Aims to be in a stronger position for the next market upturn.
Headwinds
- Anticipates a near-term cyclical digestion period.
- Customers are absorbing robust investments made into mature node capacity.
- Increased competitive pressure on sales and pricing could impact results.
- Increases in material and other production costs may not be recouped in product pricing.
- Instability caused by changing global economic, political, or financial conditions could affect results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.0%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+2.3%
Avg return
30 days after
57%
37 / 65 earnings
Positive
+14.2%
Q1 2020
Best reaction
-21.1%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.6% | -5.5% | -14.1% | |
| Q4 2025 | -16.6% | -20.0% | -14.3% | |
| Q3 2025 | +4.8% | +8.6% | +12.8% | |
| Q1 2025 | +5.0% | +10.7% | +15.9% | |
| Q4 2024 | -12.3% | -9.6% | -13.9% | |
| Q3 2024 | +1.9% | -0.2% | -13.2% | |
| Q2 2024 | -3.9% | -6.9% | -6.8% | |
| Q1 2024 | +3.0% | +9.6% | +8.7% | |
| Q4 2023 | -5.8% | -5.8% | -13.8% | |
| Q3 2023 | +0.4% | +1.4% | -1.3% | |
| Q2 2023 | -4.9% | -7.8% | -1.7% | |
| Q1 2023 | -6.7% | -1.4% | +33.4% | |
| Q4 2022 | +4.8% | +8.1% | +4.2% | |
| Q3 2022 | +1.8% | +17.7% | +34.0% | |
| Q2 2022 | +12.2% | +7.8% | -9.5% | |
| Q1 2022 | +0.3% | -4.3% | +8.8% | |
| Q4 2021 | +7.0% | +3.0% | +4.5% | |
| Q3 2021 | +1.5% | +8.5% | +8.6% | |
| Q2 2021 | +11.7% | +13.1% | +28.1% | |
| Q1 2021 | -5.0% | -2.4% | -4.7% | |
| Q4 2020 | +1.8% | +4.0% | +4.1% | |
| Q3 2020 | -0.3% | -1.3% | +20.2% | |
| Q2 2020 | -16.0% | -16.7% | -24.6% | |
| Q1 2020 | +14.2% | +17.3% | +19.4% | |
| Q4 2019 | +10.9% | +12.4% | -7.0% | |
| Q3 2019 | +6.3% | +11.5% | +9.2% | |
| Q2 2019 | -1.3% | -0.3% | +6.8% | |
| Q1 2019 | -13.6% | -20.8% | -32.6% | |
| Q4 2018 | +3.6% | +2.1% | -9.1% | |
| Q3 2018 | +4.7% | +0.0% | +15.4% | |
| Q2 2018 | +3.8% | -0.2% | -9.6% | |
| Q1 2018 | -6.0% | -1.1% | -3.3% | |
| Q4 2017 | +0.2% | -3.4% | +7.1% | |
| Q3 2017 | +10.7% | +4.6% | -2.4% | |
| Q2 2017 | -2.0% | +1.0% | +4.9% | |
| Q1 2017 | +11.7% | +9.1% | +21.8% | |
| Q4 2016 | +7.6% | +7.6% | +0.3% | |
| Q3 2016 | -21.1% | -15.1% | -8.5% | |
| Q2 2016 | +3.4% | +8.2% | +12.6% | |
| Q1 2016 | -9.1% | — | — | |
| Q4 2015 | -8.4% | — | — | |
| Q3 2015 | -20.4% | — | — | |
| Q2 2015 | +8.9% | — | — | |
| Q1 2015 | +6.5% | — | — | |
| Q4 2014 | +6.8% | — | — | |
| Q3 2014 | -1.4% | — | — | |
| Q2 2014 | -1.1% | — | — | |
| Q1 2014 | +0.6% | — | — | |
| Q4 2013 | -4.7% | — | — | |
| Q3 2013 | +5.0% | — | — | |
| Q2 2013 | -2.3% | — | — | |
| Q1 2013 | +12.3% | — | — | |
| Q4 2012 | -2.9% | — | — | |
| Q3 2012 | +4.7% | — | — | |
| Q2 2012 | +12.4% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q4 2011 | -2.3% | — | — | |
| Q4 2009 | -2.3% | — | — | |
| Q3 2010 | +0.7% | — | — | |
| Q3 2011 | +0.7% | — | — | |
| Q2 2011 | -9.2% | — | — | |
| Q2 2010 | -9.2% | — | — | |
| Q4 2010 | -9.2% | — | — | |
| Q1 2011 | +1.0% | — | — | |
| Q1 2010 | +8.1% | — | — |
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