Amtech Reports Fourth Quarter and Fiscal 2018 Results

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Amtech Systems Inc. (ASYS) PT Lowered to $8.75 at Cowen

November 30, 2018 8:05 AM EST

Cowen analyst Jeffrey Osborne lowered the price target on Amtech Systems Inc. (NASDAQ: ASYS) to $8.75 (from $11.00) while maintaining a Outperform rating.

Osborne commented, "ASYS CEO's departure and muted solar outlook will dominate the headlines, but semi and LED/SiC continue... More

Amtech Systems (ASYS) Reports Q4 Loss of $0.61, Revenues Beat; Offers 1Q19 Revenue Outlook Below Consensus

November 29, 2018 4:07 PM EST

Amtech Systems (NASDAQ: ASYS) reported Q4 EPS of ($0.61), versus $0.00 reported last year. Revenue for the quarter came in at $28.8 million versus the consensus estimate of $27.17 million.

Mr. J.S. Whang, Executive Chairman of Amtech, commented, "In fiscal year 2018, we realized progress... More