TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Amtech Systems Inc. (ASYS) on Wednesday reported fiscal second-quarter earnings of $970,000.
The Tempe, Arizona-based company said it had net income of 7 cents per share. Losses, adjusted for non-recurring gains, were 1 cent per share.
The provider of equipment for solar panel and semiconductor makers posted revenue of $25.4 million in the period.
For the current quarter ending in June, Amtech said it expects revenue in the range of $22 million to $25 million.
In the final minutes of trading on Wednesday, the company’s shares hit $4.96. A year ago, they were trading at $8.85.
_____
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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.