Axcelis Technologies Files 8-K on Financials
Ticker: ACLS · Form: 8-K · Filed: Nov 6, 2024 · CIK: 1113232
Sentiment: neutral
Topics: financial-reporting, sec-filing
Related Tickers: AXL
TL;DR
AXL filed an 8-K. Financials and operations update.
AI Summary
On November 6, 2024, Axcelis Technologies, Inc. filed an 8-K report. The filing primarily concerns the company's financial condition and results of operations, along with Regulation FD disclosures and financial statements. No specific financial figures or operational updates were detailed in the provided excerpt.
Why It Matters
This filing indicates Axcelis Technologies is providing updates on its financial condition and operational results to the SEC, which is important for investors to monitor the company's performance.
Risk Assessment
Risk Level: low — The filing is a standard 8-K report for financial and operational updates, not indicating any immediate or unusual risks.
Key Players & Entities
- AXCELIS TECHNOLOGIES INC (company) — Registrant
- November 6, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 000-30941 (filing_id) — SEC File Number
- 34-1818596 (tax_id) — IRS Employer Identification No.
- 108 Cherry Hill Drive, Beverly, Massachusetts 01915 (address) — Principal executive offices
- ( 978 ) 787-4000 (phone_number) — Registrant's telephone number
FAQ
What specific financial results or operational updates are being reported by Axcelis Technologies in this 8-K?
The provided excerpt of the 8-K filing does not detail specific financial results or operational updates; it only indicates that the report pertains to 'Results of Operations and Financial Condition'.
What is the significance of filing an 8-K report for Axcelis Technologies?
An 8-K filing is a Current Report required by the SEC to announce major events that shareholders should be aware of, such as significant financial changes or operational developments.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on November 6, 2024.
What is Axcelis Technologies' state of incorporation and principal executive office address?
Axcelis Technologies, Inc. is incorporated in Delaware and its principal executive offices are located at 108 Cherry Hill Drive, Beverly, Massachusetts 01915.
What is the SEC File Number and IRS Employer Identification Number for Axcelis Technologies?
The SEC File Number for Axcelis Technologies is 000-30941, and its IRS Employer Identification Number is 34-1818596.
Filing Stats: 566 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-11-06 16:26:47
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share ACLS NASDAQ Global Select M
Filing Documents
- tm2427563d1_8k.htm (8-K) — 27KB
- tm2427563d1_ex99-1.htm (EX-99.1) — 101KB
- tm2427563d1_ex99-2.htm (EX-99.2) — 2KB
- tm2427563d1_ex99-1img001.jpg (GRAPHIC) — 7KB
- tm2427563d1_ex99-2img001.jpg (GRAPHIC) — 212KB
- tm2427563d1_ex99-2img002.jpg (GRAPHIC) — 95KB
- 0001104659-24-114804.txt ( ) — 740KB
- acls-20241106.xsd (EX-101.SCH) — 3KB
- acls-20241106_lab.xml (EX-101.LAB) — 33KB
- acls-20241106_pre.xml (EX-101.PRE) — 22KB
- tm2427563d1_8k_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On November 6, 2024, Axcelis Technologies, Inc. (the "Company") issued a press release regarding its financial results for its quarter ended September 30, 2024. 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 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. During the preparation of the Company's financial statements for the quarter ended September 30, 2024, the Company's internal financial team identified an error in the calculation of backlog in prior periods, beginning in 2019 through the second quarter of 2024, as reported in previously filed Form 10-Ks and as discussed from time to time in quarterly earnings calls. Attached as Exhibit 99.2 to this Current Report on Form 8-K and incorporated by reference herein is a chart showing the backlog amounts reported in the Company's Form 10-Ks for the years ended 2019, 2020, 2021, 2022 and 2023, and as provided for the first two quarters of 2024, as originally reported and as corrected.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release dated November 6, 2024. Filed herewith 99.2 Historical Backlog Correction dated November 6, 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: November 6, 2024 Axcelis Technologies, Inc. By: /s/ James Coogan James Coogan Executive Vice President and Chief Financial Officer 3