looking back then Looking Forward:more of the same once another dissapointing qtr
Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0 to a loss $0.05. For the current year, the average estimate is a loss of $0.16, which is the same with that ninety days ago
I did not find anywhere to confirm that "analysts have a more negative outlook ... next quarter."
However this is what axcelis says:
"The company expects to see
improvement in market conditions in the second quarter of 2013 and currently
projecting second quarter of 2013 revenues to be in the $45 million to $50 million
range. The company expects that the sequential increase will come primarily
from system sales. Gross margins are projected to be in the mid-30% range.
Operating expenses should be essentially unchanged from the first quarter,
excluding an $800,000 payment that received from Lam in April. As a result of
these factors, the company expects loss of approximately $0.03 to $0.05 per
share. The company remains optimistic that it will see a recovery in the second
half of 2013 and that it will return to profitability and positive cash generation.
If they report above $50M then this will be a positive surprise. If they report $60M then there will be a small profit. Chance of that is not good. I think that they will report close to upper range revenue of $50M and a loss of 2-3 cents because Purion is gaining getting some traction. What will be most important will be the Q3 guidance. If the guidance is good then the stock will move above $2.
eps of a 0 is expecting no loss or gain, later the analysts have looked on more recent information and adjust eps to -.05. That is a huge move on the down side. the -.03 was an interim adjustment downward. So what transpired investors bought into the .00 then realized they been had again. Many of us have been here awhile, burned a few times.