Q3 2026 Highlights:

Revenue of $237.8 millionGAAP Gross Margin of 41.0%, and Non-GAAP Gross Margin of 41.2%GAAP Operating Margin of 11.5% and Non-GAAP Operating Margin of 16.6%GAAP Diluted Earnings Per Share of $1.21, and Non-GAAP Diluted Earnings Per Share of $1.26

BEVERLY, Mass., Nov. 5, 2026 /PRNewswire/ — Axcelis Technologies, Inc. (Nasdaq: ACLS) today announced financial results for the third quarter ended September 30, 2026.

President and CEO Russell Low commented, “We are pleased with our third quarter performance, as improving demand drove sequential growth in systems revenue, complemented by another quarterly record in CS&I. We are particularly encouraged by the strong increase in bookings, reflecting a broadening recovery across our end markets, with continued momentum in Memory and increasing activity in Power and General Mature. At the same time, we continue to see sustained strength in our CS&I business.”

Low added, “Our strategy of investing in next-generation technologies is beginning to yield tangible results and positions us well to capitalize on expanding market opportunities as customer investment recovers. We expect to finish 2026 with positive momentum and anticipate further growth in 2027.”

Senior Vice President and Interim CFO David Ryzhik stated, “Our third quarter results exceeded our expectations, supported by stronger shipments and record CS&I revenue, despite the impact from foreign exchange headwinds on our gross margin. We continue to generate healthy cash flow and maintain a strong balance sheet, providing us with ample financial flexibility. The combination of improving demand, a growing installed base and continued strength in CS&I provides a solid foundation as we enter 2027.”

Business Outlook
For the fourth quarter ending December 31, 2026, Axcelis expects revenues of approximately $275 million, GAAP earnings per diluted share of approximately $1.15, and non-GAAP earnings per share of approximately $1.50.

Please refer to Fourth Quarter 2026 Outlook under the “Notes on our Non-GAAP Financial Information” section of this document for detail relating to the computation of non-GAAP earnings per diluted share as well as the Safe Harbor Statement section of this document.

Third Quarter 2026 Conference Call
The Company will host a call to discuss the results for the third quarter 2026 today at 8:30 a.m. ET. The call will be available via webcast that can be accessed through the Investors page of Axcelis’ website at www.axcelis.com, or by registering as a participant here: https://register-conf.media-server.com/register/BI02437563728a4138be5d107cd344f382 Webcast replays will be available for 30 days following the call.

Use of Non-GAAP Financial Results
This press release includes financial measures that are not presented in accordance with U.S. generally accepted accounting principles (“non-GAAP financial measures”). These non-GAAP financial measures include non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating income, non-GAAP operating margin, non-GAAP other income, non-GAAP income tax provision, Adjusted EBITDA, non-GAAP net income, and non-GAAP diluted earnings per share, and reflect adjustments for the impact of share-based compensation expense, certain items related to restructuring and severance charges and any associated adjustments and transaction and integration costs associated with the merger agreement with Veeco Instruments announced on October 1, 2025.

Reconciliations of these non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP are provided in the financial tables included in this release.

For further information regarding these non-GAAP financial measures, please refer to the tables presenting reconciliations of our non-GAAP results to our GAAP results and the “Notes on Our Non-GAAP Financial Information” at the end of this press release.

Safe Harbor Statement
This press release contains, and the conference call will contain, forward-looking statements under the Private Securities Litigation Reform Act safe harbor provisions. These statements, which include our expectations for spending in our industry and guidance for future financial performance, are based on management’s current expectations and should be viewed with caution. They are subject to various risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, many of which are outside the control of the Company, including that customer decisions to place orders or our product shipments may not occur when we expect, that orders may not be converted to revenue in any particular quarter, or at all, whether demand will continue for the semiconductor equipment we produce or, if not, whether we can successfully meet changing market requirements, and whether we will be able to maintain continuity of business relationships with and purchases by major customers. Increased competitive pressure on sales and pricing, increases in material and other production costs that cannot be recouped in product pricing and instability caused by changing global economic, political or financial conditions, including with respect to the imposition of tariffs on our products or components of our products, could also cause actual results to differ materially from those in our forward-looking statements. These risks and other risk factors relating to Axcelis are described more fully in the most recent Form 10-K filed by Axcelis and in other documents filed from time to time with the Securities and Exchange Commission.

About Axcelis
Axcelis (Nasdaq: ACLS), headquartered in Beverly, Mass., has been providing innovative, high-productivity solutions for the semiconductor industry for over 45 years. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation systems, one of the most critical and enabling steps in the IC manufacturing process. Learn more about Axcelis at www.axcelis.com.

CONTACTS:

Investor Relations Contact:
David Ryzhik
Senior Vice President and Interim CFO
Telephone: (978) 787-2352
Email: David.Ryzhik@axcelis.com

Press/Media Relations Contact:
Maureen Hart
Senior Director, Corporate & Marketing Communications
Telephone: (978) 787-4266
Email: Maureen.Hart@axcelis.com

Beginning in the third quarter of 2026, Axcelis will no longer separately present revenue and cost of revenue attributable to Services, which represents a small percentage of Axcelis’ overall business.

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SOURCE Axcelis Technologies, Inc.

AUSTIN, Texas and HONG KONG, Nov. 5, 2026 /PRNewswire/ — Eventus, a leading provider of comprehensive, at-scale trade surveillance and financial risk solutions, last night won the award for Best Market, Trade or Communications Surveillance Solution for its Validus platform at the ninth annual Regulation Asia Awards for Excellence. The firm and its platform have now earned eight honors in the rigorous awards program since 2021.

A member of the independent judging panel said: “Eventus offers the best balance of detailed abuse detection, multi-asset scale, explainable alert automation and material advances over the past twelve months.”

Eventus CEO Cameron Routh said: “Market participants across the Asia-Pacific region face increased scrutiny of market conduct, supervisory controls, algorithmic trading, cross-market manipulation and alert governance. These firms often trade across multiple venues, asset classes, desks and jurisdiction, making it extremely difficult to maintain consistent and robust surveillance for those companies using fragmented or legacy systems. We’re delighted to earn another Regulation Asia Award for solving the challenges encountered by our clients conducting business in the region through a single, configurable surveillance environment.”

Bradley Maclean, Chair of the Awards Committee, Regulation Asia, said: “Surveillance teams need to know why an alert fired. Eventus backed every abuse typology with a clear detection mechanism, and managed false positives with discipline.”

The Regulation Asia Awards for Excellence celebrate financial institutions, technology providers, regulators, policymakers and advisory firms driving progress in compliance, managing risks, fostering resilience and safeguarding market integrity. By addressing the region’s unique regulatory challenges and evolving landscape, the leading firms are “shaping a stronger, more sustainable financial ecosystem for Asia,” Regulation Asia says, and the awards provide a platform to honor those driving innovation and leading efforts to manage risk, enhance resilience and uphold the integrity of Asia’s financial system. The independent judging panel for the Regulation Asia Awards for Excellence included seasoned practitioners at the forefront of regulatory, compliance and policymaking.

Eventus has clients on six continents surveilling multiple asset classes, including 30 active clients in the Asia-Pacific region, ranging from brokerage firms, to proprietary trading firms and digital asset marketplaces. More than half of Eventus’ new global clients have a presence in APAC.

Eventus has earned 18 honors for its work in the APAC region, including Market Surveillance Solution of the Year at the FOW Asia Pacific Awards in September and Best Trade Surveillance Solution at A-Team Group’s Capital Markets Technology Awards APAC. The firm has won 57awards and honors since 2018, including last month’s AI in Capital Markets Award for Best AI Solution for Trade Surveillance, as well as the Risk Technology Award for Trade Surveillance Product of the Year.

About Eventus 

Eventus provides state-of-the-art, at-scale trade surveillance software across all lines of defense. Its powerful, award-winning Validus platform is easy to deploy, customize and operate across equities, options, futures, foreign exchange (FX), fixed income, digital asset and prediction/information markets. Validus is proven in the most complex, high-volume, and real time environments of Eventus’ rapidly growing client base, including tier-1 banks, broker-dealers, futures commission merchants (FCMs), proprietary trading groups, market centers, buy-side institutions, energy and commodity trading firms, and regulators. Clients rely on the platform, coupled with the firm’s responsive support and product development, to overcome their most pressing trade surveillance regulatory challenges. For more, visit www.eventus.com.

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SOURCE Eventus

Exploring the human side of resilience in the age of frontier AI.

FULTON, Md., Nov. 5, 2026 /PRNewswire/ — N2K Networks today announced that Authorized Intelligence, the new premier podcast from Rubrik, will join the N2K CyberWire podcast network. Hosted by AI risk management expert Cal Al-Dhubaib, the podcast features conversations with leading voices across the AI ecosystem on how organizations can embrace frontier AI opportunities while navigating an increasingly complex security landscape.

As frontier AI transforms how organizations operate, technology and security leaders must navigate emerging tools while collaborating across increasingly diverse functions. Authorized Intelligence brings listeners unique perspectives from threat researchers, security practitioners, AI builders, and policymakers to share firsthand experiences, challenge assumptions, and explore what works in practice. Through these conversations, the podcast examines the human decisions, collaboration, and shared understanding needed to build resilience in an AI-powered world.

“AI is fundamentally changing how organizations operate, and navigating that change requires learning from the people confronting these challenges, while making the difficult decisions,” said Peter Kilpe, CEO of N2K Networks. “We’re excited to continue our partnership with Rubrik through Authorized Intelligence, connecting our audience with the insights and perspectives shaping AI resilience.”

“Authorized Intelligence podcast is dedicated to security and technology leaders caught between unlocking the value of AI and controlling its risks.” said John Koo, CMO of Rubrik,  “From the AI systems leaders deploy to the attackers looking to use AI against them, Cal taps his decade of expertise in building AI for some of the most regulated industries to uncover a new reality with experts defining cyber resilience in the age of AI.”

The first three episodes of Authorized Intelligence are now available:

Episode 1: Red teaming with frontier models with Nidhi Aggarwal, Chief Product Officer, HackerOneEpisode 2: Solving AI board paralysis with Dominique Shelton Leipzig, CEO, Global Data Innovation and advisor to Fortune 500 boardsEpisode 3: Evaluating the safety and reliability of frontier models with Peter Gostev, AI Capability Lead, Arena.ai

New episodes of Authorized Intelligence air every two weeks on Tuesday. To hear the latest episode, listen and subscribe wherever you get your favorite podcasts or visit the N2K CyberWire website to explore the series.

About Rubrik
Rubrik (RBRK), the Security and AI Operations Company, leads at the intersection of data protection, cyber resilience, and enterprise AI acceleration. Rubrik Security Cloud delivers complete cyber resilience by securing, monitoring, and recovering data, identities, and workloads across clouds. Rubrik Agent Cloud accelerates trusted AI agent deployments at scale by monitoring and auditing agentic actions, enforcing real-time guardrails, fine-tuning for accuracy and undoing agentic mistakes. For more information, please visit www.rubrik.com.

About N2K Networks
From news to knowledge, N2K delivers critical industry insights, strategic intelligence, and performance-driven learning products that empower cybersecurity professionals to adapt, grow, and lead with confidence in an ever-evolving industry. Trusted by the most influential leaders and operators, N2K collaborates with the world’s top training and knowledge platforms, and partners with organizations ranging from Fortune 100 enterprises to fast-growing startups. N2K and its brands like N2K CyberWire connect the cybersecurity ecosystem and help security businesses and professionals grow.

Visit N2K.com to discover more about our learning products and enterprise offerings. Sign up for our industry leading podcasts and newsletters at N2K CyberWire.

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SOURCE N2K Networks