Amtech Systems (ASYS) Tops Q4 EPS by 6c; Issues Light Q4 Revenue Outlook
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Amtech Reports Fourth Quarter Fiscal 2016 Results
November 17, 2016 4:05 PM ESTTEMPE, Ariz., Nov. 17, 2016 /PRNewswire/ -- Amtech Systems, Inc. (NASDAQ: ASYS), a global supplier of production equipment and related supplies for the solar, semiconductor, and LED markets, today reported results for its fourth quarter and fiscal year ended September 30, 2016.
Fourth Quarter Fiscal 2016 Operations and Financial Highlights
Customer orders of $27.7 million (solar $11.8 million) Net revenue of $42.4 million (solar $22.6 million) Quarter-end backlog of $48.6 million (solar $34.0 million) Non-cash charge for valuation allowance on deferred tax assets of $0.4 million Provision for doubtful accounts receivable of $1.8 million Net loss... More