Amtech Systems (ASYS) Tops Q2 EPS by 1c, Revs Beat

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Amtech Reports Second Quarter Fiscal 2017 Results

May 10, 2017 4:05 PM EDT

TEMPE, Ariz., May 10, 2017 /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 second fiscal quarter ending March 31, 2017.

Second Quarter Fiscal 2017 Financial and Operational Highlights:

Customer orders of $68.2 million (solar $46.9 million) Quarter-end backlog of $87.4 million (solar $66.9 million) Net revenues of $32.9 million (solar $16.6 million) Book to bill ratio of 2.0:1 (2.7:1 solar) Net loss of $1.4 million, or $0.11 per share Unrestricted cash of $38.9... More