Overview
AI semiconductor equipment maker's fiscal Q1 revenue falls
Company's operating cash flow increased 43% yr/yr
Outlook
Company expects Q2 revenue between $19.0 mln and $21.0 mln
Amtech anticipates high single-digit adjusted EBITDA margin in Q2
Result Drivers
AI DEMAND - Strong demand for AI infrastructure equipment drove 35% of TPS segment revenue, up from 30% in the prior quarter
CASH FLOW IMPROVEMENT - Operating cash flow increased 43% yr/yr, supported by high-quality revenue streams and improved collections
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Meet
$19 mln
$19 mln (1 Analyst)
Q1 Adjusted EPS
Miss
$0.03
$0.07 (1 Analyst)
Q1 Adjusted Net Income
$400,000
Q1 Net Income
$100,000
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"
Wall Street's median 12-month price target for Amtech Systems Inc is $12.00, about 23.8% below its February 4 closing price of $15.75
Press Release: ID:nBw3ps7Wpa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)