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

Amtech Systems

09/12/2024 22:01

* 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.02           -0.04          Missed
 Jun. 30 2024      -0.06          0.03           Beat
 Mar. 31 2024      -0.13          -0.06          Beat
 Dec. 31 2023      -0.26          -0.21          Beat