BEVERLY, Mass., July 11, 2017 /PRNewswire/ -- Axcelis
Technologies, Inc. (NASDAQ: ACLS), a leading supplier of
innovative, high-productivity solutions for the semiconductor
industry, announced today that it has received multiple follow on
orders for Purion H™ high current and Purion XE™ high energy
systems from several leading memory chip manufacturers. In
addition, the Company successfully completed an evaluation for the
Purion H high current implanter and received initial follow on
orders. These systems will support high volume production of DRAM,
3D NAND and nonvolatile memory devices. Several of these systems
shipped in the second quarter and the rest are scheduled to ship
over the remainder of the year.
Executive Vice President, Customer Operations John Aldeborgh commented, "We're very pleased to
announce these new wins for the Purion platform. They provide
additional evidence of continued Purion strength in the memory
market. This market is very strong, with the DRAM segment robust
and NAND at the beginning of a long term build cycle driven by
growth in cloud computing."
President and CEO Mary Puma
commented, "Strong adoption of all three Purion products has been
the key driver of our growth this year. We currently expect second
half revenues to be similar to the first half, resulting in total
2017 revenues of between $360 million and
$380 million. 2017 market share is expected to be
between 25 and 28 percent. We are also reiterating our second
quarter 2017 revenue guidance of approximately $100 million and expect earnings per share to be
at the high end of the range of $0.30-0.35."
Second Quarter 2017 Conference Call
The Company will host a conference call to discuss the Company's
results for the second quarter 2017 on Thursday, August 3, 2017 at 5:00 pm ET. The call will be available to
interested listeners via an audio webcast on the Investors page of
Axcelis' website at www.axcelis.com, or by dialing 866.588.8911
(707.294.1561 outside North
America). Participants calling into the conference call
will be requested to provide the company name, Axcelis
Technologies, and pass code: 44383784. Webcast replays will be
available for 30 days following the call.
Safe Harbor Statement
This press release and the
conference call contain forward-looking statements under the SEC
safe harbor provisions. These statements, which include our
expectations for increased spending in our industry and guidance
for future financial performance, are based on management's current
expectations and should be viewed with caution. They are subject to
various risks and uncertainties, many of which are outside the
control of the Company, including the timing of orders and
shipments, the conversion of orders to revenue in any particular
quarter, or at all, the continuing demand for semiconductor
equipment, relative market growth, continuity of business
relationships with and purchases by major customers, competitive
pressure on sales and pricing, increases in material and other
production costs that cannot be recouped in product pricing and
global economic, political and financial conditions. These risks
and other risk factors relating to Axcelis are described more fully
in the most recent Form 10-K filed by Axcelis and in other
documents filed from time to time with the Securities and Exchange
Commission.
About Axcelis:
Axcelis (NASDAQ: ACLS), headquartered in Beverly, Mass., has been providing innovative,
high-productivity solutions for the semiconductor industry for over
35 years. Axcelis is dedicated to developing enabling process
applications through the design, manufacture and complete life
cycle support of ion implantation systems, one of the most critical
and enabling steps in the IC manufacturing process. Learn more
about Axcelis at www.axcelis.com.
CONTACTS:
Maureen Hart (editorial/media)
978.787.4266
Doug Lawson (investor relations)
978.787.9552
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SOURCE Axcelis Technologies, Inc.