TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Amtech Systems Inc. (ASYS) on Thursday reported fiscal first-quarter profit of $108,000.
On a per-share basis, the Tempe, Arizona-based company said it had profit of 1 cent. Earnings, adjusted for stock option expense and amortization costs, were 3 cents per share.
The provider of equipment for solar panel and semiconductor makers posted revenue of $19 million in the period.
For the current quarter ending in March, Amtech said it expects revenue in the range of $19 million to $21 million.
Amtech shares have increased 27% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $15.97, more than tripling 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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