Factors to Note Ahead of Axcelis' (ACLS) Q2 Earnings Release

Axcelis Technologies Inc (ACLS) is slated to report second-quarter 2024 results on Jul 31.ACLS recently announced its preliminary second-quarter results, per which, now it expects revenues of more than $252 million while earnings per share (EPS) are projected to be more than$1.38. This compares with previously issued revenue guidance of $245 million and EPS of$1.30. The Zacks Consensus Estimate for second-quarter revenues is pegged at $252.4 million, which suggests a decline of 7.9% from a year ago. The c ...