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-0.00023065390381744 -0.00023065390381744 -0.00023065390381744 -0.00023065390381744 0.00334448160535108 0.00334448160535108 0.0235266981893668 0.0375965863222234
Stock impact report

Veeco-Axcelis merger gets UK nod; revenue may see impact from stalled shipment [Seeking Alpha]

Axcelis Technologies, Inc. (ACLS) 
Last axcelis technologies, inc. earnings: 2/5 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
Veeco said that on Jan. 22, the U.K. Investment Security Unit issued a no further action letter regarding the merger. In addition, Axcelis and Veeco determined that filings are Fresh Stock Ideas, Every Day Explore diverse investing perspectives with daily analysis from experts across the market. Subscribe to Stock Ideas Sign Up Quick Insights Failure to recognize this revenue would cause Veeco's revenue to fall below its previously communicated guidance for the relevant quarter and year. The merger still requires approval from China's State Administration for Market Regulation. The customs hold prevents revenue recognition; if not resolved before financial statements are issued, Veeco may not be able to include this revenue in reported results. Recommended For You More Trending News Show less Read more
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