💨 Abstract

Axcelis Technologies Inc. reported a surprise first-quarter profit of $28.6 million, with earnings of $1.04 per share, exceeding Wall Street expectations. The semiconductor services company posted revenue of $192.6 million, and expects earnings of 73 cents per share for the current quarter, with revenue expected to be $185 million.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖