Axcelis Technologies Inc. (Nasdaq:ACLS) announced financial results for the second quarter ended June 30, 2011. Revenue for the second quarter was $93.4 million, compared with $93.2 million in Q1, and $58.2 million for the same period a year ago. Net income for the quarter was $4.2 million, or $0.04 per diluted share. Prior quarter net income was $1.8 million or $0.02 per diluted share, and in the prior year period, the company reported a net loss of $4.5 million or $0.04 cents per share. Cash and cash equivalents were $37.9 million on June 30, 2011.
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