Axcelis Technologies (ACLS) released a profit for third quarter that Decreased from the same period last year but beat the Street estimates.
The company's earnings totaled $25.99 million, or $0.83 per share. This compares with $48.58 million, or $1.49 per share, last year.
Excluding items, Axcelis Technologies reported adjusted earnings of $37.90 million or $1.21 per share for the period.
Analysts on average had expected the company to earn $1.00 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 16.7% to $213.61 million from $256.56 million last year.
Axcelis Technologies earnings at a glance (GAAP) :
-Earnings: $25.99 Mln. vs. $48.58 Mln. last year.-EPS: $0.83 vs. $1.49 last year.-Revenue: $213.61 Mln vs. $256.56 Mln last year.
The company expects the fourth quarter revenue to be approximately $215 million.
The company also expects the fourth quarter Non-GAAP earnings per share of approximately $1.12.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.