Amtech Systems Inc reports results for the quarter ended December 31 - Earnings Summary

• Amtech Systems Inc ASYS.OQ reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -21 cents. The mean expectation of two analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -5 cents to 5 cents per share.

• Revenue fell 2.1% to $24.39 million from a year ago; analysts expected $23.25 million.

• Amtech Systems Inc's reported EPS for the quarter was 2 cents​.

• The company reported quarterly net income of $312 thousand.

• Amtech Systems Inc shares had fallen by 3.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 100% 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 5 at 10:02 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)