Several technology companies reported their first-quarter earnings for fiscal year 2025, mostly surpassing analyst estimates. Axcelis Technologies (ACLS) posted adjusted EPS of $1.04, beating the estimate of $0.39, with sales of $192.56 million surpassing the $184.87 million forecast. Astera Labs (ALAB) reported revenue of $159.4 million, up 144% year-over-year, exceeding the $152 million estimate, and adjusted EPS of $0.33, above the $0.28 estimate. The company also raised its Q2 revenue guidance to $170-175 million, indicating 124% growth year-over-year, higher than the expected 108%. Cirrus Logic (CRUS) delivered strong Q4 results with adjusted EPS of $1.67, beating the $1.18 estimate, and revenue of $424.5 million, surpassing the $380.31 million forecast. The company reported full fiscal year 2025 revenue of $1.9 billion, driven by stronger smartphone volumes. Tempus AI (TEM) reported Q1 adjusted EPS of negative $0.24, beating the estimate of negative $0.27, and revenue of $255.7 million, above the $248 million estimate. The company raised its full-year revenue guidance to $1.25 billion and expects adjusted EBITDA of $5 million. Tempus AI also noted an expansion in gross margins from 53.3% to 60.7%, attributed to high-margin data revenue. Axon (AXON) reported Q1 revenue of $604 million and net income of $88 million, supporting a non-GAAP net income of $115 million and adjusted EBITDA of $155 million. The company’s annual recurring revenue grew 34% to $1.1 billion, and it raised its full-year revenue outlook by $50 million. Fortinet (FTNT) beat EPS estimates by $0.05 with $0.58 but reported revenue in line with expectations and provided in-line guidance for Q2 and full fiscal year 2025. Other companies such as QDEL, FSLY, and PAYC also reported earnings beats.