Amtech Systems (ASYS) Misses Q4 EPS by 90c, Suspends Guidance

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Amtech Systems (NASDAQ: ASYS) reported Q4 EPS of ($1.42), $0.90 worse than the analyst estimate of ($0.52). Revenue for the quarter came in at $10.9 million versus the consensus estimate of $12.62 million.

Outlook

The supply/demand imbalance for solar cells and modules continues to negatively impact the entire solar supply chain and is expected to continue in fiscal 2013. The company will not be providing quarterly or annual guidance until there is better visibility regarding forward demand.

Operating results could be impacted by the timing of system shipments, the net impact of revenue deferral on those shipments, and recognition of revenue based on customer acceptances, all of which can have a significant effect on operating results.

For earnings history and earnings-related data on Amtech Systems (ASYS) click here.

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