08:06 AM EST, 11/04/2025 (MT Newswires) -- Axcelis Technologies ( ACLS ) reported Q3 non-GAAP net income Tuesday of $1.21 per diluted share, down from $1.72 a year earlier.

Analysts polled by FactSet expected $1.

Revenue for the quarter ended Sept. 30 was $213.6 million, down from $256.6 million a year earlier.

Analysts surveyed by FactSet expected $200.1 million.

The company said it expects Q4 non-GAAP EPS of $1.12. Analysts surveyed by FactSet expect $0.96.

Axcelis ( ACLS ) said it expects Q4 revenue of $215 million. Analysts surveyed by FactSet expect $199.7 million.

The company's shares were up more than 3% in recent Tuesday premarket activity.