TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Amtech Systems Inc. (ASYS) on Wednesday reported fiscal third-quarter earnings of $106,000.
The Tempe, Arizona-based company said it had profit of 1 cent per share. Earnings, adjusted for severance costs and stock option expense, came to 6 cents per share.
The provider of equipment for solar panel and semiconductor makers posted revenue of $19.6 million in the period.
For the current quarter ending in September, Amtech said it expects revenue in the range of $17 million to $19 million.
In the final minutes of trading on Wednesday, the company’s shares hit $4.48. A year ago, they were trading at $5.26.
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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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