Axcelis Files 8-K on Financial Results & Operations
Ticker: ACLS · Form: 8-K · Filed: Feb 7, 2024 · CIK: 1113232
Complexity: simple
Sentiment: neutral
Topics: financial-results, 8-K, corporate-filing
TL;DR
**Axcelis just dropped an 8-K on financial results, time to check the numbers!**
AI Summary
Axcelis Technologies, Inc. filed an 8-K on February 7, 2024, to announce its results of operations and financial condition. This filing is crucial for investors as it provides an update on the company's financial health and performance, which directly impacts the stock's valuation and future prospects. Understanding these results helps shareholders assess if the company is meeting its financial goals and if their investment is sound.
Why It Matters
This filing provides investors with the latest financial performance data, which is essential for evaluating the company's health and making informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently introduce new risks, but rather provides information to assess existing ones.
Analyst Insight
Investors should review the full financial statements and results of operations once they become available to understand the company's performance and future outlook.
Key Players & Entities
- Axcelis Technologies, Inc. (company) — the registrant filing the 8-K
- February 7, 2024 (date) — date of the earliest event reported in the 8-K
- Delaware (company) — state of incorporation for Axcelis Technologies, Inc.
- 000-30941 (company) — Commission File Number for Axcelis Technologies, Inc.
- 34-1818596 (company) — IRS Employer Identification No. for Axcelis Technologies, Inc.
FAQ
What is the purpose of this 8-K filing by Axcelis Technologies, Inc.?
The purpose of this 8-K filing by Axcelis Technologies, Inc. is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of the earliest event reported date, February 7, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on February 7, 2024.
What is the business address of Axcelis Technologies, Inc. as stated in the filing?
The business address of Axcelis Technologies, Inc. is 108 Cherry Hill Drive, Beverly, Massachusetts, 01915.
What is the telephone number for Axcelis Technologies, Inc.?
The telephone number for Axcelis Technologies, Inc. is (978) 787-4000.
Is Axcelis Technologies, Inc. classified as an emerging growth company according to this filing?
No, the filing indicates with an unchecked box that Axcelis Technologies, Inc. is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 440 words · 2 min read · ~1 pages · Grade level 10.8 · Accepted 2024-02-07 16:26:29
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share ACLS NASDAQ Global Select M
Filing Documents
- tm245218d1_8k.htm (8-K) — 25KB
- tm245218d1_ex99-1.htm (EX-99.1) — 96KB
- tm245218d1ex99-1img001.jpg (GRAPHIC) — 5KB
- 0001104659-24-011628.txt ( ) — 305KB
- acls-20240207.xsd (EX-101.SCH) — 3KB
- acls-20240207_lab.xml (EX-101.LAB) — 33KB
- acls-20240207_pre.xml (EX-101.PRE) — 22KB
- tm245218d1_8k_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On February 7, 2024, Axcelis Technologies, Inc. (the "Company") issued a press release regarding its financial results for its quarter and year ended December 31, 2023. The Company's press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release dated February 7, 2024. Filed herewith. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 7, 2024 Axcelis Technologies, Inc. By: /s/ James Coogan James Coogan Executive Vice President and Chief Financial Officer 3