Amtech Systems Inc reports results for the quarter ended September 30 - Earnings Summary

• Amtech Systems Inc ASYS.OQ reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -85 cents. The mean expectation of two analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -4 cents to 7 cents per share.

• Revenue fell 13% to $24.11 million from a year ago; analysts expected $23.75 million.

• Amtech Systems Inc's reported EPS for the quarter was a loss of 4 cents​.

• The company reported a quarterly loss of $536 thousand.

• Amtech Systems Inc shares had risen by 0.9% this quarter and gained 39.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the semiconductor equipment & testing peer group is "hold."

Wall Street's median 12-month price target for Amtech Systems Inc is $6.00

This summary was machine generated from LSEG data December 9 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)