Axcelis Technologies

FormFactor Appoints New Board Member

Retrieved on: 
Thursday, March 21, 2024

LIVERMORE, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced the appointment of Kevin Brewer to its Board of Directors effective immediately.

Key Points: 
  • LIVERMORE, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced the appointment of Kevin Brewer to its Board of Directors effective immediately.
  • “We are pleased to welcome Kevin Brewer to the Board of Directors of FormFactor,” said Tom St. Dennis, Chairperson of the Board of Directors.
  • “Kevin has a strong background in finance and operations that will be of great value to FormFactor as the company achieves and surpasses our target financial model.”
    Mr.
  • Brewer joins the FormFactor Board of Directors with over 40 years of experience in the semiconductor and high-tech industries.

Axcelis Announces Shipment of 'Purion EXE SiC Power Series' Implanter and Successful 'Purion H200 SiC Power Series' Eval Closure at Leading Power Device Manufacturers in Japan

Retrieved on: 
Tuesday, April 2, 2024

The systems will be used for 150mm and 200mm production of silicon carbide power devices supporting automotive, industrial, energy, and other power intensive applications.

Key Points: 
  • The systems will be used for 150mm and 200mm production of silicon carbide power devices supporting automotive, industrial, energy, and other power intensive applications.
  • Greg Redinbo, Executive Vice President, Marketing and Applications remarked, "The successful evaluation closure of the 200mm Purion H200 SiC system enables it to join an existing 200mm Purion EXE SiC in production at a leading power device customer in Japan."
  • The Purion Power Series is the market leader due to its highly differentiated features and process control capabilities that are enabling for power device applications.
  • Axcelis is the only ion implant company that can deliver complete recipe coverage for all power device applications."

Axcelis Announces Multiple Shipments of 150mm 'Purion M SiC Power Series' Implanters to Leading Power Device Manufacturers in China

Retrieved on: 
Wednesday, March 20, 2024

BEVERLY, Mass., March 20, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced today multiple shipments of the Company's Purion M™ SiC medium current implanter to several leading power device chipmakers located in China.

Key Points: 
  • BEVERLY, Mass., March 20, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced today multiple shipments of the Company's Purion M™ SiC medium current implanter to several leading power device chipmakers located in China.
  • The systems, which shipped in the first quarter, will be used for 150mm production of silicon carbide power devices supporting automotive, industrial, energy, and other power intensive applications.
  • The Purion M SiC Power Series platform's common and flexible architecture, coupled with its uniquely differentiated high temperature capability, makes it ideally suited for this expanding application."
  • The Purion M SiC sets the stage for the future introduction of the Purion H200™ SiC and Purion XE™ SiC.

Axcelis Announces Participation in SEMICON China 2024

Retrieved on: 
Thursday, March 14, 2024

BEVERLY, Mass., March 14, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced today that it will sponsor the Power and Compound Semiconductor Forum at SEMICON China 2024. The event is being held March 20-22, 2024, at the Shanghai New International Expo Center.

Key Points: 
  • BEVERLY, Mass., March 14, 2024 /PRNewswire/ -- Axcelis Technologies , Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced today that it will sponsor the Power and Compound Semiconductor Forum at SEMICON China 2024.
  • The event is being held March 20-22, 2024, at the Shanghai New International Expo Center.
  • During the Forum, Axcelis will host the following technical seminar:
    Presented by Causon Ko-Chuan Jen, Ph.D, SVP, Technical Marketing
    President and CEO of Axcelis Technologies Russell Low, said, "We're excited to be a part of SEMICON China, one of the most important technology forums in the Asia Pacific region.
  • China continues to be a very important market for Axcelis, especially in the power device segment, and we look forward to providing our innovative ion implant technology to chipmakers in China."

AXCELIS STRENGTHENS ITS BOARD WITH THE ELECTION OF TWO DIRECTORS

Retrieved on: 
Wednesday, February 28, 2024

"We are pleased to welcome Gregory Graves and Dr. Necip Sayiner to the Axcelis board," said President and CEO of Axcelis Technologies, Russell Low.

Key Points: 
  • "We are pleased to welcome Gregory Graves and Dr. Necip Sayiner to the Axcelis board," said President and CEO of Axcelis Technologies, Russell Low.
  • "We believe their combined experience in semiconductor technology, strategy and business development will be a tremendous asset to Axcelis.
  • We look forward to their contributions as we lead Axcelis to the next level of growth."
  • He is currently a board member at Rambus, Inc., a manufacturer of semiconductor chips and IP that advance data center connectivity.

Axcelis Announces Financial Results for Fourth Quarter and Full Year 2023

Retrieved on: 
Wednesday, February 7, 2024

BEVERLY, Mass., Feb. 7, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS) today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • BEVERLY, Mass., Feb. 7, 2024 /PRNewswire/ -- Axcelis Technologies , Inc. (Nasdaq: ACLS) today announced financial results for the fourth quarter and full year ended December 31, 2023.
  • The Company reported fourth quarter revenue of $310.3 million, compared to $292.3 million for the third quarter of 2023.
  • The Company will release financial results for the fourth quarter and full year 2023 on Wednesday, February 7, 2024, at 4:00 p.m. Eastern Time (ET).
  • The Company will host a call to discuss the results for the fourth quarter and full year 2023 on Thursday, February 8, 2024, at 8:30 a.m.

Axcelis Announces Participation in Upcoming Investor Conferences

Retrieved on: 
Tuesday, January 30, 2024

Axcelis management will host one-on-one and small group meetings on Wednesday, February 14, 2024.

Key Points: 
  • Axcelis management will host one-on-one and small group meetings on Wednesday, February 14, 2024.
  • For more information on the conference, or to schedule a one-on-one meeting, please contact a Wolfe Research representative.
  • Axcelis management will host virtual one-on-one and small group meetings on Friday, March 1st with interested investors.
  • For more information on the conference, or to schedule a one-on-one meeting, please contact a Susquehanna Financial Group representative.

Inogen Names Michael Bourque as New Chief Financial Officer

Retrieved on: 
Wednesday, January 24, 2024

Mr. Bourque has served as Treasurer and Chief Financial Officer of Chase Corporation (formally NYSE:CCF) now owned by KKR & Co. Inc.

Key Points: 
  • Mr. Bourque has served as Treasurer and Chief Financial Officer of Chase Corporation (formally NYSE:CCF) now owned by KKR & Co. Inc.
  • Mr. Bourque has served as Chief Financial Officer and Treasurer of Chase Corporation since 2021.
  • He also served as Chief Financial Officer of Keystone Dental, Senior Vice President, Chief Financial Officer and Treasurer of Analogic Corporation from 2014 to 2018 and as Vice President of Finance for Axcelis Technologies from 2011 to 2014.
  • Kevin Smith, President and Chief Executive Officer of Inogen said, “I am incredibly excited to announce Michael as the new Chief Financial Officer of Inogen.

Axcelis Announces Participation in SEMICON Korea 2024

Retrieved on: 
Monday, January 22, 2024

BEVERLY, Mass., Jan. 22, 2024 /PRNewswire/ -- Axcelis Technologies , Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced today that it will showcase its innovative Purion™ platform of ion implanters at SEMICON Korea 2024.

Key Points: 
  • BEVERLY, Mass., Jan. 22, 2024 /PRNewswire/ -- Axcelis Technologies , Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced today that it will showcase its innovative Purion™ platform of ion implanters at SEMICON Korea 2024.
  • The event is being held January 31st through February 2nd, at the COEX Center in Seoul, Korea.
  • Semiconductor manufacturers are invited to visit the Axcelis exhibit to learn first-hand about innovative ion implant solutions that deliver significant technology and manufacturing advantages.
  • During the show, Axcelis will also host the following technical seminars:

Axcelis Updates and Increases Q4 2023 Guidance

Retrieved on: 
Tuesday, January 16, 2024

BEVERLY, Mass., Jan. 16, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, today increased financial guidance for the fourth quarter of 2023 and reaffirmed its expectations for the full year. Based on preliminary fourth quarter financial results, the Company expects revenue for the fourth quarter of 2023 to be greater than $300 million, above the approximately $295 million prior guidance, and reaffirmed its expectation for full year 2023 revenue above $1.1 billion. Earnings per diluted share for the fourth quarter of 2023 are now forecasted to be greater than $2.05, above prior guidance of approximately $2.00.

Key Points: 
  • Based on preliminary fourth quarter financial results, the Company expects revenue for the fourth quarter of 2023 to be greater than $300 million, above the approximately $295 million prior guidance, and reaffirmed its expectation for full year 2023 revenue above $1.1 billion.
  • Earnings per diluted share for the fourth quarter of 2023 are now forecasted to be greater than $2.05, above prior guidance of approximately $2.00.
  • President and CEO Russell Low commented, "Our excellent financial performance in the fourth quarter and for the full year 2023 resulted from strong execution by Axcelis employees, combined with our leadership position in the growing power device market."
  • The Company will release financial results for the fourth quarter and full year 2023 on Wednesday, February 7, 2024, at 4:00 p.m. Eastern Time (ET).