Axcelis Technologies Shares Fall Despite Q3 Beat

10:23 AM EST, 11/05/2026 (MT Newswires) -- Axcelis Technologies (ACLS) shares were down 6% in Thursday trading despite reporting higher Q3 results that exceeded Wall Street estimates. The company reported Q3 non-GAAP earnings of $1.26 per diluted share, up from $1.21 a year earlier. Analysts polled by FactSet expected $1.11. Revenue for the quarter ended Sept. 30 was $237.8 million, up from $213.6 million a year earlier. Analysts expected $230.1 million. For Q4, the company expects non-GAAP EPS of approximately $1.50 on revenue of about $275 million. Analysts expect $1.22 and $239.3 million, respectively. Price: 86.43, Change: -5.46, Percent Change: -5.95