Amtech Systems Inc is a publicly traded company that specializes in providing capital equipment and related services for the global semiconductor and solar industries
Their product offerings include a range of manufacturing equipment, automation solutions, and related technologies designed to enhance the efficiency and performance of manufacturing processes. With a focus on innovation and sustainability, Amtech plays a crucial role in enabling the production of advanced electronic components and solar power systems, thereby supporting the evolving demands of these high-tech sectors.
Semiconductor production equipment provider Amtech Systems (NASDAQASYS) announced better-than-expected revenue in Q4 CY2024, but sales fell by 2.1% year on year to $24.39 million. On the other hand, next quarter’s revenue guidance of $22 million was less impressive, coming in 14.1% below analysts’ estimates. Its non-GAAP profit of $0.02 per share was significantly above analysts’ consensus estimates.
Amtech has been treading water for the past six months, recording a small loss of 4.1% while holding steady at $5.45. The stock also fell short of the S&P 500’s 9.3% gain during that period.
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Shares of semiconductor production equipment provider Amtech Systems (NASDAQASYS) fell 14.4% in the morning session after the company reported weak financial results for the third quarter (FQ4 2024). Revenue guidance for the next quarter missed significantly, and its EPS fell short of Wall Street's estimates. Sales declined 13% year on year amid a challenging operating environment. Sequentially, management attributed the revenue weakness to "decreased sales of our diffusion furnaces, advanced packaging, and wafer cleaning equipment." Overall, this was a weaker quarter.
Semiconductor production equipment provider Amtech Systems (NASDAQASYS) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, but sales fell by 13% year on year to $24.11 million. On the other hand, next quarter’s revenue guidance of $22.5 million was less impressive, coming in 9.1% below analysts’ estimates. Its non-GAAP loss of $0 per share was $0.02 below analysts’ consensus estimates.
Semiconductor production equipment provider Amtech Systems (NASDAQASYS) will be announcing earnings results tomorrow afternoon. Here’s what investors should know.
The Dow Jones index closed higher by more than 300 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Shares of Big Lots, Inc. (NYSEBIG) fell sharply during Monday’s session after the company reported preliminary fourth-quarter results. Also, Loop Capital downgraded the stock from Hold to Sell and lowered its price target from $6 to $1.
Shares of Amtech Systems, Inc. (NASDAQASYS) rose sharply in today’s pre-market trading after the company reported upbeat results for its first quarter on Friday.
