Axcelis Technologies (ACLS) announced a profit for third quarter that retreated from last year.
The company said its earnings fell to $2.15 million, or $0.07 per share. This was down from $6.10 million, or $0.20 per share, in last year's third quarter.
Analysts had expected the company to earn $0.04 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 17.2% to $65.65 million. This was down from $79.32 million last year.
Axcelis Technologies earnings at a glance:
-Earnings (Q3): $2.15 Mln. vs. $6.10 Mln. last year.-Earnings Decline (Y-o-Y): -64.8%-EPS (Q3): $0.07 vs. $0.20 last year.-EPS Decline (Y-o-Y): -65.0%-Analysts Estimate: $0.04-Revenue (Q3): $65.65 Mln vs. $79.32 Mln last year.-Revenue Change (Y-o-Y): -17.2%
-Guidance:Next quarter EPS guidance: $0.04 - $0.08Next quarter revenue guidance: $65 - $70 Mln
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.