Axcelis Technologies Stock
Axcelis Technologies Stock
Pros and Cons of Axcelis Technologies in the next few years
Pros
Cons
Performance of Axcelis Technologies vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Axcelis Technologies | 0.920% | 5.100% | -6.234% | -9.772% | -19.081% | 179.942% | - |
| Amkor Technology Inc | 6.330% | 10.174% | 1.067% | 48.627% | -0.915% | 79.408% | - |
| Cohu Inc. | -1.370% | 3.571% | -3.974% | -2.685% | -9.657% | - | - |
| Photronics Inc. | 0.570% | 3.737% | 1.524% | 103.125% | -7.690% | - | - |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.In evaluating the financials of Axcelis Tech (ACLS), a company within the Semiconductors & Semiconductor Equipment industry, an overall positive impression becomes apparent. The company has exhibited steady growth in multiple financial aspects across recent years, although some potential concerns are noteworthy. A detailed assessment of its financial strengths and potential weaknesses follows.
Growth in Total Assets: Axcelis Tech has increased its total assets consistently over the past few years. Comparing the yearly balance sheets, total assets rose from $624.62 million in 2020 to $753.24 million in 2021 and reached $1,013.64 million by the end of 2022. This growth represents a positive indication of the company's increasing value and financial strength.
Increasing Revenues and Gross Profit: The income statements reveal an upward trajectory for both total revenues and gross profit. Total revenues increased from $474.56 million in 2020 to $662.43 million in 2021 and, most recently, reached $919.99 million in 2022. Similarly, gross profit rose from $198.58 million in 2020 to $286.44 million in 2021 and expanded to $401.79 million in 2022, suggesting improvements in the company's core business performance.
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