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NOTICE OF ANNUAL MEETING OF STOCKHOLDERS to be Held May 11, 2023 The 2023 annual meeting of the stockholders of Axcelis Technologies, Inc.,. | March 31, 2023
The Board of Directors of Axcelis Technologies has named Russell J. Low, Ph.D. to succeed Mary G. Puma as President and Chief Executive Officer effective May 11, 2023.
Axcelis Updates And Increases Q4 2020 Guidance
Announces New $100M Share Repurchase Program
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BEVERLY, Mass., Jan. 12, 2021 /PRNewswire/ Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, today provided updated financial guidance for the fourth quarter of 2020. The Company expects revenue for the fourth quarter of 2020 to be approximately $120 million, above the $110 million prior guidance. Gross margin of approximately 43% is up from the previous gross margin guidance of 41%. As a result, the Company expects earnings per diluted share of approximately $0.32, up from the previous guidance of approximately $0.21. Cash will be greater than $200 million. Strong performance by our CS&I business contributed to the strong revenue and gross margin.