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Posted by
Two Blokes Jul 28 -
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Stock
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Despite a broader industry downturn that saw its revenues decline sharply, Axcelis Technologies, Inc. is expanding its gross, operating, and free cash flow margins while maintaining a robust balance sheet. Recent data indicates that the semiconductor industry is heading to a cyclical rebound later this year, potentially setting Axcelis up for a return to revenue growth. Axcelis' ion implanters are specialized in wide band-gap materials, allowing it to capitalize on the growing adoption for SiC and GaN semiconductors.
