Axcelis Technologies (NASDAQ:ACLS) has seen a significant pre-market rise of 11.46% in its share price, trading at $79.00 on Tuesday, August 5th, 2025. This surge is a notable increase from the previous trading day’s close of $70.88.
The catalyst behind this upswing appears to be the company’s Q2 2025 earnings report, released earlier today. Axcelis Technologies reported an adjusted earnings of $1.13 per share, outperforming the estimated earnings of $0.73 per share by 55%.
However, this is a 27% decrease compared to the same period last year. The company also surpassed revenue estimates, reporting $194.54 million against a projected $185.14 million. Despite this, it’s a 24% drop from the corresponding quarter last year.
Axcelis Technologies has projected higher revenues and earnings for Q3 2025, which may further accelerate the stock’s performance.
