TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Amtech Systems Inc. (ASYS) on Monday reported a fiscal second-quarter loss of $31.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Tempe, Arizona-based company said it had a loss of $2.23. Losses, adjusted for asset impairment costs and non-recurring costs, were 16 cents per share.
The provider of equipment for solar panel and semiconductor makers posted revenue of $15.6 million in the period.
For the current quarter ending in June, Amtech said it expects revenue in the range of $16 million to $19 million.
In the final minutes of trading on Monday, the company’s shares hit $3.36. A year ago, they were trading at $5.17.
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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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