Amtech: Fiscal 4Q Earnings Snapshot
TEMPE, Ariz. (AP) _ Amtech Systems Inc. (ASYS) on Thursday reported fiscal fourth-quarter net income of $798,000, after reporting a loss in the same period a year earlier.
The Tempe, Arizona-based company said it had profit of 6 cents per share. Earnings, adjusted to account for discontinued operations and restructuring costs, were 7 cents per share.
The provider of equipment for solar panel and semiconductor makers posted revenue of $20.2 million in the period.
For the year, the company reported a loss of $5.2 million, or 36 cents per share, swinging to a loss in the period. Revenue was reported as $85 million.
For the current quarter ending in January, Amtech said it expects revenue in the range of $16 million to $18 million.
Amtech shares have increased 23% since the beginning of the year. The stock has risen slightly more than 6% in the last 12 months.