Nov 5, 8:09 AM ET
Axcelis reported third-quarter 2026 revenue of $237.8 million, up from $213.6 million a year earlier, and GAAP diluted earnings per share of $1.21, up from $0.83. The company guided fourth-quarter 2026 revenue to approximately $275 million and GAAP diluted EPS to approximately $1.15, with non-GAAP EPS of approximately $1.50.
- Q3 2026 net income was $37.8 million vs. $26.0 million in Q3 2025; GAAP gross margin was 41.0% vs. 41.6%.
- Non-GAAP diluted EPS was $1.26 vs. $1.21 a year earlier.
- Fourth-quarter 2026 outlook: revenue of approximately $275 million, GAAP diluted EPS of approximately $1.15, non-GAAP EPS of approximately $1.50.
- Results include $5.0 million of transaction and integration costs tied to the Veeco Instruments merger agreement announced October 1, 2025.
Read the filing on SEC.gov ↗
Nov 2, 8:11 AM ET
Axcelis and Veeco said the previously announced all-stock merger is now expected to close by the end of the first quarter of 2027, subject to closing conditions. The timing depends on pending Chinese regulatory approval from SAMR and a new HSR Act filing after the current antitrust clearance expires, and the companies gave no assurance the closing will occur on that timeline. Veeco shareholders would receive 0.3575 Axcelis shares for each Veeco share at closing.
- Expected closing: by the end of the first quarter of 2027, with no assurance of that timing
- Pending approval from China's State Administration for Market Regulation (SAMR) is a closing condition
- Current HSR Act clearance is set to expire; the parties plan to promptly make a new submission
- Each Veeco common share converts into 0.3575 Axcelis shares at closing
Read the filing on SEC.gov ↗
Oct 27, 8:07 AM ET
Axcelis Technologies appointed Jeroen Delsman, formerly a Vice President at Ferrotec USA, as Executive Vice President and Chief Financial Officer effective November 12, 2026, succeeding interim CFO David Ryzhik, who will move to Senior Vice President of Corporate Development and Investor Relations. The filing details a $500,000 base salary and sign-on awards, and notes the appointment is tied to the pending merger with Veeco.
- Jeroen Delsman appointed EVP and CFO by the Board on October 24, 2026, effective November 12, 2026
- Base salary of $500,000, with a 75% target under the Axcelis Team Incentive plan starting in 2027
- Sign-on RSU award with grant date value of $1,200,000, plus a $352,000 sign-on cash bonus and an $80,000 relocation bonus
- David Ryzhik moves from interim CFO to Senior Vice President, Corporate Development and Investor Relations, reporting to CEO Russell Low
Read the filing on SEC.gov ↗
Aug 6, 8:41 AM ET
Axcelis reported second-quarter 2026 revenue of $215.2 million, up from $194.5 million a year earlier, but GAAP net income fell to $23.3 million from $31.4 million and GAAP diluted EPS fell to $0.75 from $0.98. For the third quarter, the company expects revenue of about $230 million and GAAP diluted EPS of about $0.76, and it now expects year-over-year revenue growth in 2026.
- Q2 2026 revenue was $215.2 million versus $194.5 million in Q2 2025; GAAP operating margin was 9.4% versus 14.9%.
- Non-GAAP diluted EPS was $1.06 versus $1.13 a year earlier; GAAP diluted EPS was $0.75 versus $0.98.
- Q3 2026 outlook: revenue of about $230 million, GAAP diluted EPS of about $0.76, and non-GAAP EPS of about $1.11.
- Transaction and integration costs related to the pending Veeco merger were $4.8 million in Q2 2026, and the company expects the merger to close in the second half of 2026.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.