Axcelis Technologies, Inc. provided earnings guidance for the second quarter ending June 30, 2022 and provided revenue guidance for the full year of 2022. For the quarter, the company expects revenues to be between $205 million to 215 million. Operating profit to be approximately $41 million. Earnings per diluted share to be approximately $1.00.

For the full year, the company expects to achieve revenue of greater than $850 million.