Brief: Amtech Reports Q3 Earnings Per Share $0.06 From Continuing Operations

Amtech Systems

08/08/2019 21:51

Aug 8 (Reuters) - Amtech Systems Inc  ASYS.O :
    * AMTECH REPORTS THIRD QUARTER FISCAL 2019 RESULTS
    * Q3 EARNINGS PER SHARE $0.06 FROM CONTINUING OPERATIONS
    * Q3 REVENUE $21 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$19.7
MILLION
    * Q3 EARNINGS PER SHARE ESTIMATE $0.03 -- REFINITIV IBES
DATA
    * JUNE 30, 2019 BACKLOG OF $17.2 MILLION
    * EXPECTS CONTINUING SOFTNESS IN SEMICONDUCTOR EQUIPMENT
INDUSTRY
IN Q4 TO RESULT IN REVENUE IN RANGE OF $18 TO $20 MILLION
    * Q4 GROSS MARGIN EXPECTED TO BE IN MID TO UPPER 30% RANGE,
WITH
OPERATING MARGIN SLIGHTLY POSITIVE
    * Q4 OUTLOOK ASSUMES CONTINUED WEAKNESS IN DEMAND GIVEN SOFT
BUSINESS CONDITIONS DUE TO ONGOING TRADE DISPUTE

Source text for Eikon:  ID:nPn181G5la 
Further company coverage:  ASYS.O 

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