Axcelis Technologies, Inc. (ACLS)
Axcelis Technologies, Inc. (ACLS) Q3 2024 Earnings Call Transcript
Axcelis Technologies, Inc. (NASDAQ:ACLS ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants David Ryzhik - Senior Vice President of Investor Relations and Corporate Strategy Russell Low - President and Chief Executive Officer James Coogan - Executive Vice President and Chief Financial Officer Conference Call Participants Craig Ellis - B. Riley Securities Jack Egan - Charter Equity Research Ross Cole - Needham and Company LLC Tom Diffely - D.A.
Axcelis Technologies (ACLS) Surpasses Q3 Earnings and Revenue Estimates
Axcelis Technologies (ACLS) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.99 per share a year ago.
Axcelis Gearing Up for Q3 Earnings: Here's What Investors Should Know
ACLS' third-quarter performance is likely to have benefited from solid demand for ion implantation systems, especially in the silicon carbide space.
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Axcelis Stock Plunges 16% YTD: Should You Buy, Hold or Sell?
ACLS' performance is bearing the brunt of softness in the memory market. It notes that demand may moderate in the General Mature in the second half of 2024.
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2 EV Chip Stocks Down 34% and 45% That Could Become Stealth Artificial Intelligence (AI) Plays
On Semi and Axcelis are leaders in the silicon carbide ecosystem. SiC chips are set for strong growth because of increasing use in electric vehicles.
3 Stocks to Sell Now Before the Bear Market Hits
In today's unpredictable stock market, investors must discern which stocks to sell to protect their portfolios. The focus here is on three companies facing significant challenges that suggest they may be candidates for the stocks to sell list.
New Strong Sell Stocks for August 13th
ADM, ACLS and CVS have been added to the Zacks Rank #5 (Strong Sell) List on August 13, 2024.
S&P 500 Sell-Off: 1 Bargain-Basement Semiconductor Stock to Buy Right Now
The S&P 500 had a smooth run higher during the first half of 2024, but it's now facing a pullback. Market corrections give investors an opportunity to buy quality stocks at a discount.
