Axcelis Technologies 2025 Q3 Earnings Revenue Declines, Merger with Veeco Announced

Axcelis Technologies (ACLS) reported fiscal 2025 Q3 earnings on November 6, 2025, . The company exceeded revenue and earnings estimates but issued cautious guidance for Q4 2025. Key highlights include a record CS&I revenue of $70 million and the announcement of a strategic merger with Veeco Instruments.

Revenue

, . The decline was driven by reduced China sales (46% of total revenue, down from 55%) and softer demand in general mature and power segments. However, , driven by spares, consumables, and service demand.

Earnings/Net Income

, . , , due to product mix and low-margin system installations. Despite this, .

Post-Earnings Price Action Review

A strategy of buying ACLS shares when revenues beat expectations and holding for 30 days has historically shown favorable outcomes. . The merger with Veeco, expected to enhance market presence and technological capabilities, further bolstered investor confidence. However, .

CEO Commentary

, CEO, , . . On China, . The tone was cautiously optimistic, .

Guidance

, . . , .

Additional News

1. Merger with Veeco Instruments, enhancing cross-sell synergies and expanding capabilities in SiC, , .

2. China Revenue Decline, .

3. Tariff Impact, .

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