What To Expect From Amtech Systems, Inc. ($ASYS) 4Q20 Earnings

Amtech Systems, Inc. (NASDAQ:ASYS) is expected to report fourth quarter earnings results, after market close, on Thursday 19th November 2020.

Analysts polled by Thomson Reuters anticipate fourth quarter loss of $ 0.08 per share.

Looking ahead, the full year loss are expected at $ 1.03 per share on the revenues of $ 64.54 million.

The Company Outlook

Revenue for 4Q20 are expected in a range of $ 13.00 million ~ $ 15.00 million

Click Here For More Historical Outlooks Of Amtech Systems, Inc.

Previous Quarter Performance

Amtech Systems, Inc. announced loss for the third quarter of $ 0.01 per share, from the revenue of $ 15.23 million. The quarterly revenues fell 27.48 percent compared with the same quarter last year. Wall street analysts are predicting, ASYS to report 3Q20 loss of $ 0.08 per share from revenue of $ 15.73 million. The bottom line results beat street analysts by $ 0.07 or 87.50 percent, at the same time, top line results fell short of analysts by $ 0.5 million or 3.18 percent.

Stock Performance

Shares of Amtech Systems, Inc. traded up $ 0.18 or 3.06 percent on Wednesday, reaching $ 6.06 with volume of 17.80 thousand shares. Amtech Systems, Inc. has traded high as $ 6.06 and has cracked $ 5.93 on the downward trend

According to the previous trading day, closing price of $ 6.06, representing a 65.63 % increase from the 52 week low of $ 3.55 and a 26.13 % decrease over the 52 week high of $ 7.96.

The company has a market capital of $ 85.13 million and is part of the Technology sector and Semiconductor Equipment & Materials industry.

Conference Call

Amtech Systems, Inc. will be hosting a conference call at 5:00 PM eastern time on 19th November 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.amtechsystems.com

Amtech Systems, Inc. manufactures and sells capital equipment and related consumables for use in fabricating solar cells, light-emitting diodes (LEDs), and semiconductor devices in the United States, Europe, China, Malaysia, Taiwan, Germany, the Netherlands, France, and internationally. The company operates through three segments: Solar, Semiconductor, and Polishing.

error: Content is protected !!
Exit mobile version