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BEVERLY, Mass. (AP) — BEVERLY, Mass. (AP) — Axcelis Technologies Inc. (ACLS) on Wednesday reported fourth-quarter earnings of $57 million.
The Beverly, Massachusetts-based company said it had profit of $1.71 per share.
The semiconductor services company posted revenue of $266.1 million in the period.
For the year, the company reported profit of $183.1 million, or $5.46 per share. Revenue was reported as $920 million.
For the current quarter ending in March, Axcelis said it expects revenue in the range of $240 million.
The company expects full-year revenue of $1 billion.
Axcelis shares have risen 48% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $117.57, an increase of 75% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a ACLS">Zacks stock report on ACLS at https://www.zacks.com/ap/ACLS