Small-Caps, Big Buybacks: 3 Stocks With Large Buyback Capacity Axcelis Technologies (NASDAQ:ACLS) reported second-quarter 2026 revenue of $215 million and non-GAAP diluted earnings per share of $1.06, with both figures exceeding management’s expectations.
The company raised its outlook for the full year, now expecting mid-single-digit revenue growth after previously forecasting revenue roughly flat with 2025
President and CEO Russell Low said the quarter reflected “strong operational execution” amid favorable demand trends across several key markets. Systems revenue grew sequentially as improvement in power and general mature-node markets more than offset an expected moderation in memory revenue tied to the timing of available fab space. – 3 Must-Watch Semiconductor Stocks as NVIDIA Takes a Breather Low also said the company’s customer service and support business, referred to as CS&I, remained an important contributor. Growth in that segment was supported by the expanding installed base, greater customer equipment utilization and broader aftermarket products and services offerings.
Second-Quarter Results and Financial Position Senior Vice President and Interim CFO David Ryzhik said second-quarter revenue consisted of $132 million in systems revenue and $83 million in CS&I revenue. China accounted for 46% of total revenue, up from 40% in the prior quarter, while Korea represented 26%. Europe accounted for 11%, followed by the U.S. at 6%, Taiwan at 2%, Japan at 1%, and other regions at 8%. – The 3 Favored Machinery Stocks To Buy In August Bookings totaled $131 million, slightly higher sequentially, and the company’s book-to-bill ratio was approximately 1.0.