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Amtech: Fiscal 4Q Earnings Snapshot

·1 min read

TEMPE, Ariz. (AP) _ Amtech Systems Inc. (ASYS) on Thursday reported a fiscal fourth-quarter loss of $2 million, after reporting a profit in the same period a year earlier.

The Tempe, Arizona-based company said it had a loss of 14 cents per share.

The provider of equipment for solar panel and semiconductor makers posted revenue of $15.1 million in the period.

For the year, the company reported that its loss widened to $15.7 million, or $1.11 per share. Revenue was reported as $65.5 million.

For the current quarter ending in January, Amtech said it expects revenue in the range of $16 million to $18 million.

Amtech shares have declined 14% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.16, a rise of 13% 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