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Amtech: Fiscal 1Q Earnings Snapshot

TEMPE, Ariz. (AP) _ Amtech Systems Inc. (ASYS) on Thursday reported a fiscal first-quarter loss of $2.4 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 17 cents. Losses, adjusted for restructuring costs, came to 12 cents per share.

The provider of equipment for solar panel and semiconductor makers posted revenue of $29.5 million in the period.

For the current quarter ending in April, Amtech said it expects revenue in the range of $27 million to $29 million.

Amtech shares have increased 14 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.15, a fall of 42 percent in the last 12 months.


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