Amtech Systems Inc reports results for the quarter ended in December - Earnings Summary

Amtech Systems

09/02/2024 22:01

* Amtech Systems Inc  ASYS.OQ  reported a quarterly adjusted
loss
of 21 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of -17 cents.  The mean expectation of two analysts for the
quarter was for a loss of 26 cents per share. Wall Street
expected results to range from -40 cents to -12 cents per share.
    * Revenue rose 15.6% to $24.92 million from a year ago;
analysts
expected $22.25 million. 
    * Amtech Systems Inc's reported EPS for the quarter was a
loss
of 66 cents​.
    * The company reported a quarterly loss of $9.36 million.
    * Amtech Systems Inc shares had fallen by 3.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 620%
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 February 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.26          -0.21          Beat
 Sep. 30 2023      -0.04          -0.85          Missed
 Jun. 30 2023      0.03           -0.07          Missed
 Mar. 31 2023      0.04           0.23           Beat