Brief: Amtech Reports Fourth Quarter And Fiscal 2019 Results

Amtech Systems

21/11/2019 12:46

Nov 21 (Reuters) - Amtech Systems Inc  ASYS.O :
    * AMTECH REPORTS FOURTH QUARTER AND FISCAL 2019 RESULTS
    * Q4 EARNINGS PER SHARE $0.07 FROM CONTINUING OPERATIONS
    * Q4 EARNINGS PER SHARE ESTIMATE $0.02 -- REFINITIV IBES
DATA
    * SEES Q1 2020 REVENUE $16 MILLION TO $18 MILLION
    * QTRLY NET REVENUE $20.2 MILLION VERSUS $23.1 MILLION
    * Q4 REVENUE VIEW $19.2 MILLION -- REFINITIV IBES DATA
    * AMTECH SYSTEMS - FOR QUARTER ENDING DEC. 31, 2019, FURTHER
SOFTNESS IS EXPECTED DUE TO CONTINUED TRADE TENSIONS,
SEMICONDUCTOR EQUIPMENT INDUSTRY DOWNCYCLE
    * AMTECH SYSTEMS - CO IS IN FINAL STAGES OF PLANNED
DIVESTITURE OF
SOLAR BUSINESS & EXPECT TO HAVE AN ANNOUNCEMENT BEFORE 2019
YEAR-END

Source text for Eikon:  ID:nPn1Qzv7wa 
Further company coverage:  ASYS.O 

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