President is Thank President Vice Marketing Brewer, me Daniel. Corporate and today Strategy. you, Executive Lawson, With of Vice and and Executive CFO; Doug Kevin
press copy described not available Playback release service release. also our be issued in on last you have of available website. If night, our our as website on our seen a press it is will
comments under that our for Safe note about Please made results expectations provision. future today other and are Harbor revenues, the profits, forward-looking statements SEC's
Form are statements annual SEC other which our forward-looking subject These report to we current risks filings to review. urge based These our expectations business. and in are XX-K on management's described risks and in inherent are you the in detail
our may We to these forward-looking from Our statements. any actual not materially obligation current results assume update expectations. differ do
with spending for healthy XXXX throughout Axcelis. year very implant, was strategy our the enabled and dedication But hard a A to a drive the combined challenging to and with our focused in market the us milestones on remaining several year showcased year. our customers achieve critical suppliers support and ion low leadership. work the also memory the encouragement employees and of industry of
diverse large In XXXX, we continued growing Purion group of and customers. installed to our expand the base,
area process foundry sharpened market as our and mature in technology sensors, such also power We focus key and logic. on image the devices, mature segments
at This the concurrent with platform These products new and new of higher to product designed extensions specifically four costs. market to Purion come Purion with enables segments. product with the our quality development finally, new targeted of And new on and grew methodology. products common our initial lower launch implanters, approach are built Purion family we these
customers' new high-value result our Purion deliver steps. Purion products. for and higher implant four Additionally, for all our competitive These base needs to critical a differentiation and designed the challenges create customers than support manufacturing margins new implant sustainable target technology our products products are as a to
The running our Purion sites carbide currently multiple Dragon Purion while XEmax demos customers are and the XE at technology HXXX are for customer and center. systems in the silicon advanced Purion first Purion
investment in while to a repurchase sheet, operating and XXXX share of We made this cycle, maintaining program. us the eye healthy a expenses. while XX%, gross on annual R&D, profitable a in vigilant delivering allowed through remain sustaining This margins instituting balance
I'd few of a the QX consensus. resulted XX.X% performance QX a year. to highlight to guidance guidance. QX. $X.XX Earnings financial and million, well Revenue was per critical results share Our financial and a $XXX.X quarter in was above full this like over QX fourth and year for positive increase ending provide
revenue, by a gross XX.X%, was driven financial margins QX strong increase in Our improving and of performance better-than-forecasted systems XX% CS&I revenue.
revenue with million $XXX earnings of per In share XXXX, was $X.XX.
for mature XX% During and of customers. majority foundry memory DRAM quarter, between shipments, logic split evenly shipments of QX the fourth The went our accounted NAND. to XX%
XX% going with mature year, just to shipments XX% memory of logic for For foundry the our accounted customers.
shipments. as fourth This XX%. shipments foundry the of a mix strong breakout mix is regions, geographic the of and quarter as in mature of all well our XX%, improving XX%, rest the in systems Taiwan XX%, world these China of The reflective Korea was logic memory
to on coronavirus. our quarter, I'd like the to touch the for briefly turning Before guidance first
continue And in we our continuing rapidly will policies our place put to changing situation. It closely. serve employees customers. have We it monitor is safeguard a while to to
In quarter the revenue forecasting we of first are million. $XXX approximately
the evaluation expected closure Purion be will including XX%. Dragon. three of impacted expect in systems margins by first around of quarter, We gross Purion Gross the the margins
$X.XX. $X.X profit of operating million and EPS about expect of approximately We
shipments, with point about accounting XX%. QX to segment memory which XX%, NAND the XD non-volatile memory, in expect remaining We DRAM for the includes cross of representing our for account XX% and approximately
mature segment expect strong, with In the and segment technology process in incremental especially technology memory the remain to capacity XXXX, advances, power image remain additions will throughout active we devices. year. sensors The and
expect to account approximately memory in revenues, of XXXX. currently We for XX%
we increased activity materialize second However, for could of in DRAM some that are the currently seeing half year. the quote
communication still extended segment beginning XG be technology. for capabilities in recovery growth expect the industry We memory cycle likely occur The is a driven overall an will more the significant what to by XXXX. new of
build And infrastructure will accelerate XG XXXX. has begun. in The
phones As beginning in new XG-capable cycle devices expands, memory strong a the other infrastructure XXXX. and drive will
will which will there process in IoT in than Following strong the growth industrial applications, of XXXX, technology even this bigger and segment. drive be another cycle last, beginning the mature
market approach of Axcelis strong segmentation driven family focused for well extremely the As a upcoming is during and offerings, XG growth, product Purion our result cycle. positioned
turn to Now our financials. I'd to like discuss to it over Kevin,
