- A Look At Axcelis Technologies (ACLS) Valuation After Its Recent Share Price Pullback
May 9, 2026
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge.
Recent performance context for Axcelis Technologies
Axcelis Technologies (ACLS) has drawn investor attention after a recent 7.2% daily decline, set against a stronger pattern over the past week, month, and past 3 months.
That move, combined with a last close of US$158.66 and a market value of about US$5.3b, has investors reassessing how the stock’s recent returns compare with its fundamentals.
See our latest analysis for Axcelis Technologies.
While the 7.2% one day share price decline stands out, Axcelis Technologies still has strong recent share price momentum, with a 63.8% 1 month share price return and a 169.6% 1 year total shareholder return.
If this kind of move has you looking beyond a single semiconductor equipment stock, it could be a good moment to size up 40 AI infrastructure stocks.
After such a strong run, and with Axcelis trading around 30% above the average analyst price target and an intrinsic valuation gap flagged, is this recent pullback a genuine buying opportunity, or is the market already pricing in future growth?
Most Popular Narrative: 72.5% Overvalued
At a last close of $158.66 versus a narrative fair value of $92.00, the prevailing view is that Axcelis Technologies trades at a steep premium, built on specific assumptions about future growth, margins and valuation multiples.
Analysts expect earnings to reach $93.9 million (and earnings per share of $3.53) by about April 2029, down from $120.2 million today. The analysts are largely in agreement about this estimate.
Read the complete narrative.
Want to see why a lower earnings base still supports a premium valuation? The narrative leans on modest revenue expansion, slimmer margins and a richer future earnings multiple to anchor that $92.00 fair value.
Result: Fair Value of $92 (OVERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, the heavy China exposure and softer guidance around mature foundry demand mean that export controls or slower bookings could quickly challenge this premium valuation story.
Find out about the key risks to this Axcelis Technologies narrative.
Another angle on Axcelis valuation
Analysts see Axcelis as 72.5% overvalued versus a $92.00 fair value. The stock trades on a P/E of 40.5x, which is much lower than the US Semiconductor industry on 53.7x and below peers on 63x, but still well above a fair ratio of 23.9x. Is the premium multiple a cushion or a warning sign if sentiment shifts?
Story Continues
See what the numbers say about this price — find out in our valuation breakdown.NasdaqGS:ACLS P/E Ratio as at May 2026
Next Steps
Mixed signals or a clear message: either way it helps to move fast, review the full picture, and weigh both the 1 key reward and 2 important warning signs
Looking for more investment ideas?
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include ACLS.
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- Axcelis Technologies, Inc. (ACLS) Q1 2026 Earnings Call Transcript
May 8, 2026 · seekingalpha.com
Axcelis Technologies, Inc. (ACLS) Q1 2026 Earnings Call Transcript
- Axcelis Technologies Q1 Earnings Call Highlights
May 7, 2026
Axcelis Technologies logo
Key Points
Interested in Axcelis Technologies, Inc.? Here are five stocks we like better. Axcelis reported Q1 revenue of $199 million and EPS of $0.72, which included a one-time $5 million customer settlement that cut EPS by about $0.09 and pressured gross margin. Management highlighted a meaningful uptick in memory demand and improving silicon carbide signals, exited the quarter with a $453 million backlog, guided Q2 revenue to roughly $205 million with ~43% gross margin, and reiterated full-year 2026 revenue is expected to be roughly flat with a return to growth in 2027. Leadership changed as CFO Jamie Coogan departed and David Rizik is interim CFO, and Axcelis expects the Veeco merger to close in H2 2026 pending China’s regulatory approval, so management declined to discuss merger specifics on the call.
Small-Caps, Big Buybacks: 3 Stocks With Large Buyback Capacity
Axcelis Technologies (NASDAQ:ACLS) reported first-quarter 2026 results that came in “slightly above our expectations,” according to President and CEO Russell Low, as the company pointed to strength in its customer support and installed base business and a meaningful uptick in memory demand.
The company also reiterated expectations for full-year 2026 revenue to be “relatively flat year-over-year,” while emphasizing improving trends in several end markets and a “return to growth in 2027,” Low said.
Leadership transition and merger-related limitations
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Low opened the call by addressing a finance leadership change announced in March. Former Chief Financial Officer Jamie Coogan left Axcelis “to pursue an opportunity in the aerospace industry,” Low said, adding that David Rizik has stepped in as interim CFO. Low said Rizik has been “instrumental” in work tied to Axcelis’ pending merger with Veeco.
Rizik noted that, given the pending transaction, the company would not address questions related to the merger. Low said Axcelis continues to expect the Veeco merger to close in the second half of 2026, with regulatory approval from China’s State Administration of Market Regulation described as “the only approval remaining to close the transaction.”
First-quarter results and the impact of a customer settlement
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For the first quarter, Axcelis posted revenue of $199 million and earnings per diluted share of $0.72, which Low said included a “one-time impact associated with a $5 million customer settlement.” Rizik quantified the settlement’s effect as a $5 million headwind to system revenue, roughly 70 basis points of gross margin pressure, and a $0.09 per-share EPS impact.
Story Continues
Rizik said quarterly revenue comprised approximately $126 million in system revenue and $73 million in CS&I revenue. He added that CS&I exceeded expectations, driven by service and consumables and “robust demand for system upgrades.” Low said CS&I revenue moderated sequentially but grew “more than 30% on a year-over-year basis,” attributing momentum to an expanded installed base, higher utilization rates, and product innovation.
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On profitability, Rizik reported gross margin of 40.7%, below the company’s 41% outlook primarily due to the settlement. Operating expenses were $57.7 million, below the $59 million outlook, producing an operating margin of 11.7%. Adjusted EBITDA totaled $27.7 million for a 13.9% margin. Other income was $2.7 million, lower sequentially due to reduced interest income and foreign-exchange losses, while the tax rate was 14%.
Bookings, backlog, and regional mix
Rizik said bookings were “roughly flat on a sequential basis” at $128 million, while Low described bookings as consistent sequentially and the “second consecutive quarter of year-over-year growth on the trailing twelve-month basis.” The company exited the quarter with backlog of $453 million.
By geography, China rose to 40% of revenue, up from 32% in the prior quarter. Korea represented 28% of total revenue “as a result of higher memory sales,” Rizik said. Europe accounted for 16%, the United States 12%, Taiwan and Japan were 1% each, and the rest of world was 2%.
End-market commentary: memory strength, SiC signals, and general mature digestion
Low said sales to mature node applications represented the majority of system shipments, particularly in power and “general mature,” while memory shipments increased sequentially to the highest level since the fourth quarter of 2023.
In power, Low said silicon carbide shipments moderated sequentially, but he cited “encouraging demand signals” including stronger bookings and increased customer engagement on capacity plans and technology roadmaps. He highlighted discussions at SEMICON China around “super junction development and high energy implant requirements,” as well as customer focus on channeling capabilities and “the transition to 200 millimeters.” Low said end-market signals include increased silicon carbide penetration in electric vehicles, broader adoption across commercial goods such as HVAC and appliances, and interest tied to emerging AI data center opportunities for efficient power conversion.
Rizik reinforced the company’s view that utilization rates are improving, calling it “a really nice data point,” even as he said Axcelis still expects general mature to be down year-over-year in 2026. In response to a question about general mature demand, Rizik said the company feels “a little bit better today than we did 3 months ago,” while reiterating that quarter-to-quarter bookings can move around.
In general mature, Low said customers continue to manage capacity amid stabilizing automotive and recovering industrial volumes, along with growing demand tied to AI data centers. He also pointed to “continued improvement in spares and consumables” as a sign of higher tool utilization. Low added that Axcelis introduced its next-generation high current product, the Purion H6, and is engaging multiple customers, including securing “a high current win with a new customer in China.”
In advanced logic, Low said the company did not generate system revenue in the first quarter, but shipped a system early in the second quarter for a materials modification application for 2-nanometer production and is working with the customer on next-generation roadmaps.
In memory, Low said revenue and bookings increased “meaningfully” in the first quarter, driven by demand in DRAM and high bandwidth memory as customers invest in capacity to support AI-driven requirements. He said Axcelis expects “strong growth in memory for full year 2026, with momentum entering into 2027.” Addressing quarterly variability, management said memory will be “a little softer sequentially” in the second quarter, and that the company’s 2026 expectations assume “not much NAND,” with Rizik noting that vertical scaling in NAND “doesn’t require a lot of incremental implant” until wafer additions increase.
Second-quarter and full-year outlook
For the second quarter, Rizik guided to revenue of approximately $205 million. He said the company expects a higher mix from general mature, offset by lower mix from memory and silicon carbide. Gross margin is expected to be approximately 43%, with sequential improvement attributed to more favorable mix and “the absence of non-recurring items” from the first quarter. Operating expenses are projected at about $59 million, adjusted EBITDA around $34 million, and net earnings per diluted share approximately $0.90.
For the full year, Axcelis maintained its view that 2026 revenue will be approximately flat versus 2025 and “second half-weighted,” driven by improved silicon carbide revenue and continued memory strength. Rizik reiterated expectations for full-year gross margins in the low-to-mid 40% range with quarterly variability, operating expenses of about $60 million per quarter for the balance of the year, and a tax rate of approximately 15%.
About Axcelis Technologies (NASDAQ:ACLS)
Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing.
The company's product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps.
The article "Axcelis Technologies Q1 Earnings Call Highlights" was originally published by MarketBeat.
View MarketBeat's top stocks for May 2026.
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- Axcelis Technologies (ACLS) Surpasses Q1 Earnings and Revenue Estimates
May 7, 2026
Axcelis Technologies (ACLS) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $1.04 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.41%. A quarter ago, it was expected that this semiconductor services company would post earnings of $1.12 per share when it actually produced earnings of $1.49, delivering a surprise of +33.04%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Axcelis, which belongs to the Zacks Electronics - Manufacturing Machinery industry, posted revenues of $198.96 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.00%. This compares to year-ago revenues of $192.56 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Axcelis shares have added about 112.9% since the beginning of the year versus the S&P 500's gain of 7.6%.
What's Next for Axcelis?
While Axcelis has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Axcelis was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.78 on $204.4 million in revenues for the coming quarter and $3.54 on $840.2 million in revenues for the current fiscal year.
Story Continues
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics - Manufacturing Machinery is currently in the top 10% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
ZoomInfo (GTM), another stock in the broader Zacks Computer and Technology sector, has yet to report results for the quarter ended March 2026. The results are expected to be released on May 11.
This company is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents a year-over-year change of +13%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
ZoomInfo's revenues are expected to be $307.63 million, up 0.6% from the year-ago quarter.
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This article originally published on Zacks Investment Research (zacks.com).
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- Axcelis Announces Financial Results for First Quarter 2026
May 7, 2026
Q1 2026 Highlights:
Revenue of $199.0 million GAAP Gross Margin of 40.5%, and Non-GAAP Gross Margin of 40.7% GAAP Operating Margin of 4.0% and Non-GAAP Operating Margin of 11.7% GAAP Diluted Earnings Per Share of $0.30, and Non-GAAP Diluted Earnings Per Share of $0.72
BEVERLY, Mass., May 7, 2026 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS) today announced financial results for the first quarter ended March 31, 2026.Axcelis (PRNewsfoto/Axcelis Technologies, Inc.)
President and CEO Russell Low commented, "We executed well in the first quarter, delivering results slightly above expectations, reflecting the strength of our CS&I business and meaningful acceleration in Memory. Demand in DRAM and HBM was again a clear highlight, with strong sequential growth building on our momentum exiting 2025. CS&I remains an area of focus for Axcelis and is becoming an increasingly important strategic driver of our business across cycles, particularly as our installed base expands."
Low added, "We continue to anticipate 2026 revenue will be relatively flat compared to 2025, as growth in Memory is offset by a continued digestion of capacity in our Power and General Mature markets. That said, we are encouraged by our bookings activity in the first quarter and the robust customer engagement we are having across a wide array of opportunities, which positions Axcelis for increased momentum exiting 2026 and into 2027. We look forward to completing our merger with Veeco, which we expect to close in the second half of 2026."
Senior Vice President and Interim CFO David Ryzhik stated, "We ended the first quarter with a strong balance sheet, including approximately $570 million of cash, and continued to generate attractive free cash flow, providing ample flexibility to fund our growth objectives and maintain a value‑creative capital allocation strategy. As we look to the balance of the year, we are well positioned to execute, supported by firming order trends, an anticipated increase in revenue in the second half, and continued investments in innovation to capture attractive opportunities ahead."
Results Summary (In thousands, except per share amounts and percentages) Three months ended March 31, 2026 2025 Revenue $ 198,956 $ 192,563 Gross margin 40.5 % 46.1 % Operating margin 4.0 % 15.1 % Net income $ 9,214 $ 28,579 Diluted earnings per share $ 0.30 $ 0.88 Non-GAAP Results Non-GAAP gross margin 40.7 % 46.4 % Non-GAAP operating margin 11.7 % 18.5 % Adjusted EBITDA $ 27,748 $ 40,001 Non-GAAP net income $ 22,425 $ 34,197 Non-GAAP diluted earnings per share $ 0.72 $ 1.06
Business Outlook
For the second quarter ending June 30, 2026, Axcelis expects revenues of approximately $205 million, GAAP earnings per diluted share of approximately $0.57, and non-GAAP earnings per share of approximately $0.90.
Story Continues
Please refer to Second Quarter 2026 Outlook under the "Notes on our Non-GAAP Financial Information" section of this document for detail relating to the computation of non-GAAP earnings per diluted share as well as the Safe Harbor Statement section of this document.
First Quarter 2026 Conference Call The Company will host a call to discuss the results for the first quarter 2026 today at 5:00 p.m. ET. The call will be available via webcast that can be accessed through the Investors page of Axcelis' website at www.axcelis.com, or by registering as a participant here:
https://register-conf.media-server.com/register/BIabf144ee757c4fccaceea99cf3cea2c9
Webcast replays will be available for 30 days following the call.
Use of Non-GAAP Financial Results This press release includes financial measures that are not presented in accordance with U.S. generally accepted accounting principles ("non-GAAP financial measures"). These non-GAAP financial measures include non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating income, non-GAAP operating margin, non-GAAP income tax provision, Adjusted EBITDA, non-GAAP net income, and non-GAAP diluted earnings per share, and reflect adjustments for the impact of share-based compensation expense, certain items related to restructuring and severance charges and any associated adjustments and transaction and integration costs associated with the merger agreement with Veeco Instruments announced on October 1, 2025.
Reconciliations of these non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP are provided in the financial tables included in this release.
For further information regarding these non-GAAP financial measures, please refer to the tables presenting reconciliations of our non-GAAP results to our GAAP results and the "Notes on Our Non-GAAP Financial Information" at the end of this press release.
Safe Harbor Statement This press release contains, and the conference call will contain, forward-looking statements under the Private Securities Litigation Reform Act safe harbor provisions. These statements, which include our expectations for 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 that could cause actual results to differ materially from those in the forward-looking statements, many of which are outside the control of the Company, including that customer decisions to place orders or our product shipments may not occur when we expect, that orders may not be converted to revenue in any particular quarter, or at all, whether demand will continue for the semiconductor equipment we produce or, if not, whether we can successfully meet changing market requirements, and whether we will be able to maintain continuity of business relationships with and purchases by major customers. Increased competitive pressure on sales and pricing, increases in material and other production costs that cannot be recouped in product pricing and instability caused by changing global economic, political or financial conditions, including with respect to the imposition of tariffs on our products or components of our products, could also cause actual results to differ materially from those in our forward-looking statements. 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 45 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:
Investor Relations Contact: David Ryzhik
Senior Vice President and Interim CFO
Telephone: (978) 787-2352
Email: David.Ryzhik@axcelis.com
Press/Media Relations Contact: Maureen Hart
Senior Director, Corporate & Marketing Communications
Telephone: (978) 787-4266
Email: Maureen.Hart@axcelis.com
Axcelis Technologies, Inc.
Consolidated Statements of Operations
(In thousands, except per share amounts)
(Unaudited) Three months ended March 31, 2026 2025 Revenue: Product $ 188,008 $ 182,824 Services 10,948 9,739 Total revenue 198,956 192,563 Cost of revenue: Product 105,735 94,500 Services 12,640 9,295 Total cost of revenue 118,375 103,795 Gross profit 80,581 88,768 Operating expenses: Research and development 28,516 27,128 Sales and marketing 17,354 15,124 General and administrative 26,761 17,357 Total operating expenses 72,631 59,609 Income from operations 7,950 29,159 Other income (expense): Interest income 4,462 5,601 Interest expense (1,292) (1,367) Other, net (495) (309) Total other income 2,675 3,925 Income before income taxes 10,625 33,084 Income tax provision 1,411 4,505 Net income $ 9,214 $ 28,579 Net income per share: Basic $ 0.30 $ 0.89 Diluted $ 0.30 $ 0.88 Shares used in computing net income per share: Basic weighted average shares of common stock 30,723 32,258 Diluted weighted average shares of common stock 30,980 32,335
Axcelis Technologies, Inc.
Consolidated Balance Sheets
(In thousands, except per share amounts)
(Unaudited) March 31, December 31, 2026 2025 ASSETS Current assets: Cash and cash equivalents $ 150,829 $ 145,451 Short-term investments 215,771 228,802 Accounts receivable, net 161,814 168,479 Inventories, net 326,052 329,010 Prepaid income taxes 4,609 4,658 Prepaid expenses and other current assets 76,607 66,802 Total current assets 935,682 943,202 Property, plant and equipment, net 57,729 56,146 Operating lease assets 27,943 28,927 Finance lease assets, net 13,835 14,154 Long-term restricted cash 10,628 10,627 Deferred income taxes 80,514 79,895 Long-term investments 203,339 182,396 Other assets 44,874 46,004 Total assets $ 1,374,544 $ 1,361,351 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 51,558 $ 42,309 Accrued compensation 16,663 34,233 Warranty 9,314 9,516 Income taxes 14,026 11,383 Deferred revenue 68,352 65,494 Current portion of finance lease obligation 1,648 1,575 Other current liabilities 42,353 33,150 Total current liabilities 203,914 197,660 Long-term finance lease obligation 40,310 40,754 Long-term deferred revenue 41,214 43,445 Other long-term liabilities 44,463 44,815 Total liabilities 329,901 326,674 Stockholders' equity: Common stock, $0.001 par value, 75,000 shares authorized;
30,733 shares issued and outstanding at March 31, 2026;
30,717 shares issued and outstanding at December 31, 2025 31 31 Additional paid-in capital 537,185 533,309 Retained earnings 512,753 503,539 Accumulated other comprehensive loss (5,326) (2,202) Total stockholders' equity 1,044,643 1,034,677 Total liabilities and stockholders' equity $ 1,374,544 $ 1,361,351
Axcelis Technologies, Inc.
Condensed Consolidated Statements of Cash Flows
(In thousands)
(Unaudited) Three months ended March 31, 2026 2025 Cash flows from operating activities Net income $ 9,214 $ 28,579 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 4,436 4,309 Stock-based compensation expense 4,899 4,903 Other 3,805 (1,682) Change in operating assets and liabilities, net (4,215) 3,686 Net cash provided by operating activities 18,139 39,795 Cash flows from investing activities Expenditures for property, plant and equipment and capitalized software (1,839) (4,960) Other changes in investing activities, net (8,800) 45,429 Net cash (used in) provided by investing activities (10,639) 40,469 Cash flows from financing activities Repurchase of common stock — (18,178) Other changes from financing activities, net (1,397) (1,932) Net cash used in financing activities (1,397) (20,110) Effect of exchange rate changes on cash and cash equivalents (724) 292 Net increase in cash, cash equivalents and restricted cash 5,379 60,446 Cash, cash equivalents and restricted cash at beginning of period 156,078 131,064 Cash, cash equivalents and restricted cash at end of period $ 161,457 $ 191,510
Notes on Our Non-GAAP Financial Information
Management uses non-GAAP gross profit, gross margin, operating income, operating margin, income tax provision, net income, diluted earnings per share, and Adjusted EBITDA to evaluate the Company's operating and financial performance and for planning purposes. Axcelis believes these measures enhance an overall understanding of its performance and investors' ability to review the Company's business from the same perspective as the Company's management.
There are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with GAAP, may be different from non-GAAP financial measures used by other companies, and may exclude certain items that may have a material impact upon our reported financial results. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with GAAP.
Totals presented may not sum and percentages may not recalculate using figures presented due to rounding.
Axcelis Technologies, Inc.
Schedule Reconciling Selected Non-GAAP Financial Measures
(In thousands, except per share amounts and percentages) Three months ended March 31, 2026 2025 GAAP gross profit $ 80,581 $ 88,768 Restructuring1 — 226 Stock-based compensation 442 353 Non-GAAP gross profit $ 81,023 $ 89,347 Non-GAAP gross margin 40.7 % 46.4 % Operating expenses $ 72,631 $ 59,609 Transaction and integration3,4 (10,398) (481) Bad debt expense (65) — Restructuring1 — (923) Stock-based compensation (4,457) (4,550) Non-GAAP operating expenses $ 57,711 $ 53,655 GAAP operating income $ 7,950 $ 29,159 Transaction and integration3,4 10,398 481 Bad debt expense 65 — Restructuring1 — 1,149 Stock-based compensation 4,899 4,903 Non-GAAP operating income $ 23,312 $ 35,692 Non-GAAP operating margin 11.7 % 18.5 % GAAP income tax provision $ 1,411 $ 4,505 Income tax effect of non-GAAP adjustments2 2,151 915 Non-GAAP income tax provision $ 3,562 $ 5,420 GAAP net income $ 9,214 $ 28,579 Transaction and integration3,4 10,398 481 Bad debt expense 65 — Restructuring1 — 1,149 Stock-based compensation 4,899 4,903 Income tax effect of non-GAAP adjustments2 (2,151) (915) Non-GAAP net income $ 22,425 $ 34,197 GAAP diluted EPS $ 0.30 $ 0.88 Transaction and integration3,4 0.34 0.01 Bad debt expense — — Restructuring1 — 0.04 Stock-based compensation 0.16 0.15 Income tax effect of non-GAAP adjustments2 (0.07) (0.03) Non-GAAP diluted EPS $ 0.72 $ 1.06
Note 1: Restructuring and other costs primarily related to early retirement programs and severance costs, due to global cost-saving initiatives. Note 2: Impact of taxes from non-GAAP adjustments, uses adjusted tax rate of 14%. Note 3: Transaction and integration costs include expenses associated with the merger agreement with Veeco Instruments. Note 4: First quarter 2025 transaction and integration costs includes $481,000 of expenses that were not reflected as a GAAP to Non-GAAP reconciliation line item when the Company reported first quarter 2025 results, given that this occurred prior to the transaction announcement on October 1, 2025.
Axcelis Technologies, Inc.
Reconciliation of Net Income to Adjusted EBITDA
(In thousands, except percentages) Three months ended March 31, 2026 2025 Net income $ 9,214 $ 28,579 Other (income)/expense (2,675) (3,925) Income tax provision 1,411 4,505 Depreciation & amortization 4,436 4,309 Subtotal 12,386 33,468 Transaction and integration2,3 10,398 481 Bad debt expense 65 — Restructuring1 — 1,149 Stock-based compensation 4,899 4,903 Adjusted EBITDA $ 27,748 $ 40,001 Adjusted EBITDA margin 13.9 % 20.8 %
Note 1: Restructuring and other costs primarily related to early retirement programs and severance costs, due to global cost-saving initiatives. Note 2: Transaction and integration costs include expenses associated with the merger agreement with Veeco Instruments. Note 3: First quarter 2025 transaction and integration costs includes $481,000 of expenses that were not reflected as a GAAP to Non-GAAP reconciliation line item when the Company reported first quarter 2025 results, given that this occurred prior to the transaction announcement on October 1, 2025.
Axcelis Technologies, Inc.
Second Quarter Outlook
GAAP to Non-GAAP Diluted Earnings Per Share Three months ended
June 30, 2026 GAAP diluted EPS $ 0.57 Transaction and integration1 0.18 Stock-based compensation 0.21 Income tax effect of non-GAAP adjustments2 (0.06) Non-GAAP diluted EPS $ 0.90
Note 1: Transaction and integration costs include expenses associated with the merger agreement with Veeco Instruments. Note 2: Impact of taxes from non-GAAP adjustments, uses adjusted tax rate of 14%. Figures may not sum due to rounding.Cision
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- Axcelis Technologies (ACLS) Surpasses Q1 Earnings and Revenue Estimates
May 7, 2026 · zacks.com
Axcelis Technologies (ACLS) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $1.04 per share a year ago.
- CoreWeave’s Stunning Rally Creates Prove-It Moment for Earnings
May 7, 2026
(Bloomberg) -- CoreWeave Inc. shares are on a scorching run in 2026 as demand for computing capacity to power artificial intelligence keeps growing. But now investors want to see some proof that the neo-cloud provider is executing on its ambitious plans.
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The chance arrives when CoreWeave reports earnings after the bell on Thursday. Recent results from the biggest AI spenders like Alphabet Inc. and Meta Platforms Inc. made it clear that the need for computing power is insatiable as capital expenditures continue to rise. Considering the company rents access to AI infrastructure featuring the latest chips from Nvidia Corp., that plays right into its hands.
“There is an insane amount of demand for AI compute,” said Tejas Dessai, director of thematic research at Global X ETFs. “The backdrop is extremely positive for CoreWeave.”
Investors will be closely monitoring CoreWeave’s revenue acceleration, its outlook for the rest of the year and its backlog heading into 2027, he said.
The stock is up 78% this year and a stunning 218% since the Livingston, New Jersey-based company went public in March 2025. The latest rally got going roughly a month ago as investors regained faith in the AI trade and CoreWeave announced deals with Meta, Anthropic PBC and Jane Street Group in quick succession.
CoreWeave shares were down as much as 9.1% in intraday trading Thursday after rallying 7.9% on Wednesday.
Of the 36 analysts tracked by Bloomberg who follow CoreWeave, 23 have buy ratings on the stock and only two have sells. But their average 12-month price target of $131 is below where the shares closed Wednesday, even though it’s been rising over the past six months.
Wall Street expects the company to report revenue of nearly $2 billion in the first quarter, twice what it posted a year ago, and a loss of $1.20 per share, which would be an improvement from a loss of $1.49 a share in the first quarter of 2025. CoreWeave’s revenue backlog was nearly $67 billion as of Dec. 31, and the recent deals should raise its remaining performance obligations significantly.
“CoreWeave’s 1Q results will likely echo strength at Amazon.com and Alphabet’s Google amid rising AI-compute demand and the need for higher near-term spending to ramp up infrastructure,” Bloomberg Intelligence analyst Anurag Rana wrote in a May 4 note. “We see a high likelihood that management will increase both its 2026 sales and capital expenditure targets, backed by a recent string of new financing deals.”
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Selloff Risk
Of course, there’s a risk that these earnings will give investors reasons to sell the stock, which has happened after every report since CoreWeave’s IPO, although the shares have quickly recovered from the downturns. In February, the company said its capital expenditures would be higher than expected and the stock tumbled 19%, its worst session in six months.
“The market has made itself comfortable with a certain level of capex spending from CoreWeave, and if they come out with a figure that far exceeds that, I think that would be something that the market scrutinizes very closely,” Dessai said. “They have to back it up with commensurate revenue scale as well.”
Heightened spending also puts the focus on margins. CoreWeave is expected to post a first-quarter gross margin of about 67%, with analysts and investors looking for that number to climb over the coming quarters.
“Sustained margin expansion remains necessary to unlock further upside for the stock,” Bank of America analysts led by Tal Liani wrote in a May 5 note, in which they raised their price target to $140 from $120. “As revenue recognition ramps through the year, we expect margins to follow.”
Investors will also be listening for details about CoreWeave’s rising debt level, and any update on its relationship with OpenAI. The shares slumped last week after the AI startup reportedly missed its sales and user targets.
“If they were to continue to finance every one of these contracts that they brought on at junk bond rates, then that would not be sustainable because I wouldn’t think that the business would inflect quickly enough to generate the cash to be paying double-digit interest rates,” said Paul Meeks, head of technology research at Freedom Capital Markets, who is bullish on CoreWeave and is generally encouraged by the company’s spending plans.
But ultimately, what Meeks and other investors are most concerned about is how much computing power CoreWeave brought online in the quarter.
“It’s all about, tell me how many megawatts you had on Dec. 31, 2025, and how many active megawatts you have on March 31, 2026,” he said. “That’s all I want.”
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Earnings Due Thursday
Earnings Premarket:
NetScout Systems Inc. (NTCT US) ScanSource Inc. (SCSC US) Ziff Davis Inc. (ZD US) ACI Worldwide Inc. (ACIW US) Appian Corp. (APPN US) Arrow Electronics Inc. (ARW US) Datadog Inc. (DDOG US) Epam Systems Inc. (EPAM US) Macom Technology Solutions (MTSI US) NCR Voyix Corp. (VYX US) Sabre Corp. (SABR US) Stratasys Ltd. (SSYS US) TripAdvisor Inc. (TRIP US) Nexstar Media Group Inc. (NXST US) Warner Music Group Corp. (WMG US) Earnings Postmarket:
Diodes Inc. (DIOD US) Par Technology Corp. (PAR US) Akamai Technologies Inc. (AKAM US) Alarm.com Holdings Inc. (ALRM US) Arlo Technologies Inc. (ARLO US) Axcelis Technologies Inc. (ACLS US) Cargurus Inc. (CARG US) Cloudflare Inc. (NET US) DXC Technology Co. (DXC US) Dropbox Inc. (DBX US) Gen Digital Inc. (GEN US) Groupon Inc. (GRPN US) HubSpot Inc. (HUBS US) Motorola Solutions Inc. (MSI US) News Corp. (NWSA US) PDF Solutions Inc. (PDFS US) Power Integrations Inc. (POWI US) RingCentral Inc. (RNG US) Sprout Social Inc. (SPT US) Synaptics Inc. (SYNA US) Yelp Inc. (YELP US) QuinStreet Inc. (QNST US) Trade Desk Inc. (TTD US)
--With assistance from Subrat Patnaik and Margaryta Kirakosian.
(Updates stock moves throughout)
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- Axcelis Announces Financial Results for First Quarter 2026
May 7, 2026 · prnewswire.com
Q1 2026 Highlights: Revenue of $199.0 million GAAP Gross Margin of 40.5%, and Non-GAAP Gross Margin of 40.7% GAAP Operating Margin of 4.0% and Non-GAAP Operating Margin of 11.7% GAAP Diluted Earnings Per Share of $0.30, and Non-GAAP Diluted Earnings Per Share of $0.72 BEVERLY, Mass., May 7, 2026 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS) today announced financial results for the first quarter ended March 31, 2026.
- AXCELIS ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER 2026
May 7, 2026
Q1 2026 HIGHLIGHTS: REVENUE OF $199.0 MILLION GAAP GROSS MARGIN OF 40.5%, AND NON-GAAP GROSS MARGIN OF 40.7% GAAP OPERATING MARGIN OF 4.0% AND NON-GAAP OPERATING MARGIN OF 11.7% GAAP DILUTED EARNINGS PER SHARE OF $0.30, AND NON-GAAP DILUTED EARNINGS PER SHARE OF $0.72 BEVERLY, MASS., MAY 7, 2026 /PRNEWSWIRE/ -- AXCELIS TECHNOLOGIES, INC. (NASDAQ: ACLS) TODAY ANNOUNCED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2026.
- Stocks Steady Before the Open as Investors Await U.S.-Iran Updates; Earnings and Economic Data on Tap
May 7, 2026
June S&P 500 E-Mini futures (ESM26) are up +0.03%, andJune Nasdaq 100 E-Mini futures (NQM26) are down -0.01% this morning as investors await the outcome of diplomatic efforts aimed at ending the Iran war.
The U.S. is awaiting Iran’s response to its proposal to reopen the Strait of Hormuz and end the war. Bloomberg reported on Wednesday that Washington has conveyed a one-page memorandum to the Islamic Republic that would gradually reopen the waterway and remove the American blockade on Iranian ports. Iran is expected to deliver its response through Pakistan in the coming days, the report said. Meanwhile, an Israeli strike on Lebanon’s capital on Wednesday underscored how tensions remain high.
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Dear Apple Stock Fans, Mark Your Calendars for May 11 Nasdaq Futures Rally on Upbeat AMD Earnings and U.S.-Iran Peace Deal Optimism Stock Surge on Robust Tech Earnings and US-Iran Peace Hopes Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines.
The price of WTI crude fell over -2% on Thursday after Saudi news outlet Al Arabiya reported that negotiations to gradually reopen the Strait are underway and that a breakthrough could come in the coming hours. The 10-year T-note yield fell one basis point to 4.34% as inflation expectations eased.
Market participants are also awaiting a new round of U.S. economic data and corporate earnings reports, along with comments from Federal Reserve officials.
In yesterday’s trading session, Wall Street’s three main equity benchmarks ended in the green, with the S&P 500 and Nasdaq 100 posting new all-time highs. Super Micro Computer (SMCI) jumped over +24% and was the top percentage gainer on the S&P 500 after the AI server maker reported better-than-expected FQ3 adjusted EPS and provided solid FQ4 guidance. Also, Advanced Micro Devices (AMD) surged more than +18% and was the top percentage gainer on the Nasdaq 100 after the chipmaker posted upbeat Q1 results and delivered a blockbuster Q2 sales forecast. In addition, DaVita (DVA) popped over +23% after the kidney dialysis company reported stronger-than-expected Q1 results and raised its full-year guidance. On the bearish side, CDW Corp. (CDW) cratered more than -20% and was the top percentage loser on the S&P 500 after the company posted weaker-than-expected Q1 adjusted EPS.
The ADP National Employment report released on Wednesday showed that U.S. private nonfarm payrolls rose by 109K in April, slightly weaker than expectations of 118K.
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“The labor market has been on a solid but precarious footing for some time, not exactly growing but also not significantly deteriorating,” said Elizabeth Renter, senior economist at NerdWallet.
St. Louis Fed President Alberto Musalem said on Wednesday that there is considerable uncertainty over the future path of the economy and monetary policy, but he sees risks tilting more toward inflation than toward employment. “Inflation is running meaningfully above our target of 2%,” Musalem said. Separately, Chicago Fed President Austan Goolsbee cautioned against reflexively cutting interest rates in response to stronger productivity growth, noting that such a trend can sometimes fuel inflation.
Meanwhile, U.S. rate futures have priced in a 94.2% probability of no rate change and a 5.8% chance of a 25 basis point rate cut at the conclusion of the Fed’s June meeting.
First-quarter corporate earnings season continues, with notable companies such as McDonald’s (MCD), Gilead Sciences (GILD), Cloudflare (NET), Airbnb (ABNB), Monster Beverage (MNST), and CoreWeave (CRWV) slated to release their quarterly results today. According to Bloomberg Intelligence, companies in the S&P 500 are expected to post an average +12% increase in quarterly earnings for Q1 compared to the previous year, marking the sixth consecutive quarter of double-digit growth.
On the economic data front, investors will focus on U.S. Initial Jobless Claims data, set to be released in a couple of hours. Economists expect this figure to be 205K, compared to last week’s number of 189K.
U.S. Unit Labor Costs and Nonfarm Productivity preliminary data will also be closely watched today. Economists forecast Q1 Unit Labor Costs to rise +2.6% q/q and Nonfarm Productivity to rise +0.7% q/q, compared to the fourth-quarter numbers of +4.4% q/q and +1.8% q/q, respectively.
The U.S. Construction Spending report for March will come in today. Notably, the release will also incorporate the February figures. Economists expect construction spending to rise +0.3% m/m in March.
The Fed’s Consumer Credit report will be released today as well. Economists project the U.S. Consumer Credit to be $12.5 billion in March, compared to the previous figure of $9.5 billion.
In addition, market participants will hear perspectives from Minneapolis Fed President Neel Kashkari, Cleveland Fed President Beth Hammack, and New York Fed President John Williams throughout the day.
In the bond market, the yield on the benchmark 10-year U.S. Treasury note is at 4.34%, down -0.28%.
The Euro Stoxx 50 Index is up +0.05% this morning as investors await updates on a potential U.S.-Iran peace agreement and digest a wave of corporate earnings reports. U.S. President Donald Trump said on Wednesday that the Iran war has “a very good chance of ending” and that it’s “possible” it could end before his trip to Beijing next week, according to an interview with PBS News Hour. Luxury, travel, and automobile stocks led the gains on Thursday. At the same time, food and beverage stocks slumped, weighed down by a more than -12% plunge in Campari (CPR.M.DX) after the spirits group reported weaker-than-expected Q1 revenue. Utility stocks also sank. Data from Eurostat released on Thursday showed that Eurozone monthly retail sales declined in March, with weakening consumer sentiment tied to the Middle East conflict suggesting demand could soften further in the months ahead. Separately, data showed that Germany’s monthly factory orders jumped in March, signaling possible front-loading of orders to manage rising energy prices and supply disruptions that followed the start of the Middle East conflict. Meanwhile, Norway’s central bank unexpectedly raised its policy rate by 25 basis points to 4.25% on Thursday to curb inflation pressures fueled by robust wage growth and high energy costs. “Inflation is too high and has run above target for several years,” said Norges Governor Ida Wolden Bache in a statement. Sweden’s central bank kept its key policy rate unchanged at 1.75%, as expected, but said it remains vigilant and is ready to act swiftly if the Middle East conflict pushes inflation higher or weighs on economic growth. European Central Bank Governing Council member Francois Villeroy de Galhau said on Thursday that the ECB cannot commit to raising its key rate at its June meeting, and that its decisions will instead be guided by evidence of shifts in the economy. In other corporate news, Shell (SHEL.LN) fell over -2% after the oil major reported solid Q1 profit but cautioned about reduced gas production due to the Middle East conflict and launched a smaller buyback than in prior quarters. At the same time, Zealand Pharma (ZEAL.C.DX) surged more than +16% after reporting better-than-expected Q1 results.
Germany’s Factory Orders and Eurozone’s Retail Sales data were released today.
The German March Factory Orders rose +5.0% m/m, stronger than expectations of +1.0% m/m.
Eurozone’s March Retail Sales fell -0.1% m/m and rose +1.2% y/y, stronger than expectations of -0.3% m/m and +1.0% y/y.
Asian stock markets today settled in the green. China’s Shanghai Composite Index (SHCOMP) closed up +0.48%, and Japan’s Nikkei 225 Stock Index (NIK) closed up +5.58%.
China’s Shanghai Composite Index closed higher today amid optimism that the U.S. and Iran were close to reaching a deal to end their conflict. 5G communication stocks outperformed on Thursday. Liquor stocks also advanced. Limiting gains, energy stocks sank as oil prices dropped for a third straight day. The Wall Street Journal reported that the U.S. and Iran are working with mediators on a framework to resume negotiations that could end the conflict and reopen the Strait of Hormuz. Lloyd Chan, senior currency analyst at MUFG, said, “Signs continue to point to limited appetite for further escalation in the Middle East.” Meanwhile, China’s tourism sector recorded an increase in trips during the Labor Day holidays, although official data released the day after the five-day break did not include spending figures that typically provide a fuller picture of consumption over the period. In other news, The Wall Street Journal reported on Wednesday that Washington and Beijing are considering the launch of formal talks on AI. Market watchers are closely monitoring U.S.-China developments as U.S. President Donald Trump is scheduled to meet Chinese President Xi Jinping next week during his first visit to China in eight years. In corporate news, BeOne Medicines gained over +3% after the drugmaker reported a jump in its Q1 earnings.
Japan’s Nikkei 225 Stock Index closed sharply higher today as markets reopened after a holiday break, with investors playing catch-up to a global equities rally fueled by robust technology earnings and signs of a potential peace agreement in the Middle East. Oil prices held their previous session’s losses on speculation that a U.S.-Iran agreement would help restore oil shipments through the vital Strait of Hormuz. Takashi Ito, senior strategist at Nomura Securities, said, “Lower oil prices are significant for companies, as even a modest easing of inflation can provide meaningful relief.” Technology stocks led the gains on Thursday, with SoftBank Group jumping over +18% on renewed confidence in the AI trade. Mining, industrial, and financial stocks also climbed. The benchmark index closed above the 62,000 mark for the first time. It also posted its largest daily percentage gain since April 2025. Meanwhile, minutes of the Bank of Japan’s March meeting released on Thursday showed that many board members believed interest rates may need to be raised if the energy shock driven by the Iran war persists and triggers concerns about second-round effects on broader inflation. One member said the BOJ should raise rates “without long intervals,” while another stated the central bank would need to tighten “without hesitation” if the economy showed no signs of weakening from the conflict. Elsewhere, Japan’s top currency diplomat, Atsushi Mimura, said on Thursday that the country faces no limits on how frequently it can intervene in currency markets and remains in daily contact with U.S. authorities, underscoring Tokyo’s readiness to step in to support the yen. In corporate news, TOTO Ltd. rose over +4% as investors continued to pour into the stock, reassessing the toilet maker as a stealth AI play given its critical role in the semiconductor supply chain. The Nikkei Volatility Index, which takes into account the implied volatility of Nikkei 225 options, closed down -5.40% to 37.64.
Pre-Market U.S. Stock Movers
Fortinet (FTNT) surged more than +15% in pre-market trading after the cybersecurity vendor posted upbeat Q1 results and raised its full-year revenue guidance.
DoorDash (DASH) climbed about +10% in pre-market trading after the food-delivery app reported better-than-expected Q1 EPS.
AppLovin (APP) rose more than +3% in pre-market trading after the mobile advertising platform reported stronger-than-expected Q1 results and issued above-consensus Q2 revenue guidance.
Arm Holdings (ARM) slumped over -6% in pre-market trading after CEO Rene Haas cautioned about weakness in the smartphone industry, denting a vital source of the company’s revenue.
Fastly (FSLY) plummeted more than -21% in pre-market trading despite the cloud computing company posting strong Q1 results and raising its full-year guidance.
You can see more pre-market stock movers here
Today’s U.S. Earnings Spotlight: Thursday - May 7th
McDonald’s (MCD), Gilead Sciences (GILD), Howmet Aerospace (HWM), McKesson (MCK), Cloudflare (NET), Airbnb (ABNB), Monster Beverage (MNST), CoreWeave (CRWV), Motorola Solutions (MSI), Republic Services (RSG), Ubiquiti (UI), Sempra (SRE), Wheaton Precious Metals (WPM), W.W. Grainger (GWW), Microchip Technology (MCHP), Cheniere Energy (LNG), Vistra (VST), Targa Resources (TRGP), Coinbase Global (COIN), Datadog (DDOG), Zoetis (ZTS), Rocket Lab (RKLB), Rocket Companies (RKT), Block (XYZ), Becton, Dickinson and Company (BDX), Consolidated Edison (ED), Kenvue (KVUE), Cheniere Energy Partners (CQP), Natera (NTRA), Insmed (INSM), Tapestry (TPR), Expedia Group (EXPE), Mettler-Toledo International (MTD), MACOM Technology Solutions Holdings (MTSI), Formula One Group (FWONA), Formula One Group (FWONK), Affirm Holdings (AFRM), US Foods Holding (USFD), Corpay (CPAY), Evergy (EVRG), Viatris (VTRS), The Carlyle Group (CG), Akamai Technologies (AKAM), Toast (TOST), Warner Music Group (WMG), News Corporation (NWS), News Corporation (NWSA), Lamar Advertising Company (LAMR), Reinsurance Group of America (RGA), Applied Optoelectronics (AAOI), BridgeBio Pharma (BBIO), MP Materials (MP), Globus Medical (GMED), HubSpot (HUBS), DraftKings (DKNG), Guardant Health (GH), Gen Digital (GEN), Unity Software (U), The Trade Desk (TTD), Wynn Resorts (WYNN), Arrowhead Pharmaceuticals (ARWR), Essential Utilities (WTRG), Texas Roadhouse (TXRH), Bentley Systems (BSY), Arrow Electronics (ARW), American Healthcare REIT (AHR), Allegro MicroSystems (ALGM), Charles River Laboratories International (CRL), CareTrust REIT (CTRE), StandardAero (SARO), ESCO Technologies (ESE), Celsius Holdings (CELH), Vaxcyte (PCVX), Installed Building Products (IBP), Lincoln National (LNC), Clearwater Analytics Holdings (CWAN), Primo Brands (PRMB), GATX Corporation (GATX), The Middleby Corporation (MIDD), JFrog (FROG), Clearway Energy (CWEN), ESAB Corporation (ESAB), USA Rare Earth (USAR), Century Aluminum Company (CENX), Nexstar Media Group (NXST), Dropbox (DBX), Loar Holdings (LOAR), Genpact (G), EPAM Systems (EPAM), Blackstone Secured Lending Fund (BXSL), Scholar Rock Holding (SRRK), Xenon Pharmaceuticals (XENE), OUTFRONT Media (OUT), Paylocity Holding (PCTY), HA Sustainable Infrastructure Capital (HASI), Lantheus Holdings (LNTH), PTC Therapeutics (PTCT), Lyft, Inc. (LYFT), Teleflex (TFX), Diodes (DIOD), MarketAxess Holdings (MKTX), Opendoor Technologies (OPEN), BGC Group (BGC), Planet Fitness (PLNT), Main Street Capital (MAIN), Nelnet (NNI), Vontier (VNT), Axcelis Technologies (ACLS), Post Holdings (POST), Fortune Brands Innovations (FBIN), Ligand Pharmaceuticals (LGND), MDU Resources Group (MDU), NuScale Power (SMR), Crinetics Pharmaceuticals (CRNX), ACI Worldwide (ACIW), Power Integrations (POWI), Griffon (GFF), International Seaways (INSW), WillScot Holdings (WSC), Synaptics (SYNA), Trex Company (TREX), Shake Shack (SHAK), Kontoor Brands (KTB), SoundHound AI (SOUN), RingCentral (RNG).
On the date of publication, Oleksandr Pylypenko did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
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