AP NEWS

Amtech: Fiscal 3Q Earnings Snapshot

August 9, 2018

TEMPE, Ariz. (AP) _ Amtech Systems Inc. (ASYS) on Thursday reported fiscal third-quarter earnings of $5 million.

On a per-share basis, the Tempe, Arizona-based company said it had net income of 33 cents. Earnings, adjusted for non-recurring gains, came to 18 cents per share.

The provider of equipment for solar panel and semiconductor makers posted revenue of $41.2 million in the period.

For the current quarter ending in September, Amtech said it expects revenue in the range of $26 million to $28 million.

Amtech shares have fallen 42 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.83, a drop of 40 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASYS at https://www.zacks.com/ap/ASYS

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