Why Axcelis Technologies Soared More Than 10% Higher This Week
A bottom-line beat in its inaugural quarter of 2025 was the factor that drove Axcelis Technologies's (NASDAQ: ACLS) share price higher over the trailing five trading days. The semiconductor equipment specialist enjoyed a 10% gain over the course of the week, according to data compiled by S&P Global Market Intelligence.Before market open Tuesday, Axcelis unveiled those first-quarter metrics. They showed that revenue for the company was $192.6 million, which was down substantially from the more than $252 million it earned in the same period of 2024. Image source: Getty Images.Continue reading
A bottom-line beat in its inaugural quarter of 2025 was the factor that drove Axcelis Technologies's (NASDAQ: ACLS) share price higher over the trailing five trading days. The semiconductor equipment specialist enjoyed a 10% gain over the course of the week, according to data compiled by S&P Global Market Intelligence.
Before market open Tuesday, Axcelis unveiled those first-quarter metrics. They showed that revenue for the company was $192.6 million, which was down substantially from the more than $252 million it earned in the same period of 2024.
Image source: Getty Images.
