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Amtech Systems Q1 2024 Earnings Report

Amtech Systems logo
$5.60 -0.05 (-0.88%)
(As of 12/20/2024 05:15 PM ET)

Amtech Systems EPS Results

Actual EPS
-$0.04
Consensus EPS
-$0.12
Beat/Miss
Beat by +$0.08
One Year Ago EPS
N/A

Amtech Systems Revenue Results

Actual Revenue
$24.92 million
Expected Revenue
$22.00 million
Beat/Miss
Beat by +$2.92 million
YoY Revenue Growth
N/A

Amtech Systems Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

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Amtech Systems Earnings Headlines

Q1 EPS Estimates for Amtech Systems Reduced by Roth Capital
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Why Amtech (ASYS) Stock Is Trading Lower Today
Benchmark Co. Keeps Their Hold Rating on Amtech Systems (ASYS)
See More Amtech Systems Headlines
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About Amtech Systems

Amtech Systems (NASDAQ:ASYS) 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. The Semiconductor segment designs, manufactures, sells, and services thermal processing equipment, including solder reflow ovens, horizontal diffusion furnaces, and custom high-temp belt furnaces for use by semiconductor, electronics, and electro/mechanical assembly manufacturers; and diffusion and reflow thermal systems, as well as wafer cleaning equipment and related services. The Material and Substrate segment manufactures and sells consumables and machinery for lapping and polishing of materials, such as silicon wafers for semiconductor products; sapphire substrates for LED lighting and mobile devices; silicon carbide wafers for LED and power device applications; various glass and silica components for 3D image transmission; quartz and ceramic components for telecommunications devices; and medical device components, and optical and photonics applications. It also offers substrate products comprising of double-sided wafer cleaning system, entegrity head tester, substrate carrier, substrate polishing templates, double-sided lapping and polishing machines, single-sided polisher, and substrate process chemicals. The company sells its products through sales personnel, as well as a network of independent sales representatives and distributors. Amtech Systems, Inc. was incorporated in 1981 and is headquartered in Tempe, Arizona.

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