Amtech Systems (ASYS) Set to Announce Quarterly Earnings on Wednesday

Amtech Systems (NASDAQ:ASYS) is set to announce its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.13) per share for the quarter. Amtech Systems has set its Q2 2024 guidance at EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

Amtech Systems (NASDAQ:ASYS) last issued its quarterly earnings results on Friday, February 9th. The semiconductor company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.08. Amtech Systems had a negative return on equity of 1.15% and a negative net margin of 16.45%. The firm had revenue of $24.92 million for the quarter, compared to analysts’ expectations of $22.00 million. On average, analysts expect Amtech Systems to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Amtech Systems Stock Up 2.7 %

ASYS stock opened at $4.99 on Tuesday. The company has a quick ratio of 1.69, a current ratio of 2.99 and a debt-to-equity ratio of 0.12. The business has a 50 day moving average of $4.94 and a 200 day moving average of $5.30. Amtech Systems has a twelve month low of $3.37 and a twelve month high of $11.98. The firm has a market cap of $70.81 million, a PE ratio of -3.70 and a beta of 1.44.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Amtech Systems from a “sell” rating to a “hold” rating in a research report on Monday, February 12th.

About Amtech Systems

Amtech Systems, Inc manufactures and sells capital equipment and related consumables for use in fabricating silicon carbide (SiC), silicon power devices, analog and discrete devices, electronic assemblies, and light-emitting diodes (LEDs) worldwide. The company operates through Semiconductor and Material and Substrate segments.