Axcelis Technologies Re-Affirms Financial Guidance for the Fourth Quarter.Business Editors/High-Tech Writers BEVERLY, Mass.--(BUSINESS WIRE)--Dec. 9, 2002 Axcelis Technologies Axcelis Technologies, Inc. NASDAQ: ACLS engages in the design, manufacture, and servicing of capital equipment for the semiconductor manufacturing industry worldwide. , Inc. (Nasdaq: ACLS ACLS abbr. advanced cardiac life support ) today re-affirmed its financial guidance for the fourth quarter 2002 during an investor meeting hosted by Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. . The company said that it re-affirms its previously stated guidance issued on October 23, 2002 of worldwide revenue (including SEN) in the range of $95 - $105 million, net revenue (excluding SEN) between $60 - $70 million, gross margins in the 30% range and a loss per share of $0.08 - $0.10. The company plans on releasing its fourth quarter and year-end results on January 23, 2003. About Axcelis Technologies, Inc. Axcelis Technologies, Inc., headquartered in Beverly, Massachusetts Beverly is a city in Essex County, Massachusetts, United States. The population was 39,862 at the 2000 census. A resort, residential and manufacturing community, Beverly includes Beverly Farms and Prides Crossing. , provides innovative, high-productivity solutions for the semiconductor industry. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation, rapid thermal processing Rapid Thermal Processing (or RTP) refers to a semiconductor manufacturing process which heats silicon wafers to high temperatures (up to 1200 C or greater) on a timescale of several seconds or less. , and cleaning and curing systems. Axcelis Technologies has key technology centers in Beverly, Massachusetts, and Rockville, Maryland as well as in Toyo, Japan through its joint venture, SEN. The company's Internet address is: www.axcelis.com. |
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