Axcelis Technologies (NASDAQ:ACLS) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Axcelis Technologies beat estimated earnings by 13.49%, reporting an EPS of $1.43 versus an estimate of $1.26.

Revenue was up $50.42 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.33 which was followed by a 5.82% increase in the share price the next day.

Here's a look at Axcelis Technologies's past performance:

To track all earnings releases for Axcelis Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.