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

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Amtech Reports Fourth Quarter and Fiscal 2018 Results

November 29, 2018 4:05 PM EST

TEMPE, Ariz., Nov. 29, 2018 /PRNewswire/ -- Amtech Systems, Inc. (NASDAQ: ASYS), a manufacturer of capital equipment, including thermal processing and wafer handling automation, and related consumables used in fabricating semiconductor devices, light-emitting diodes, or LEDs, silicon carbide (SiC) and silicon power chips and solar cells, today reported results for its fourth quarter and year ended September 30, 2018.

Fourth Quarter Fiscal 2018 Financial and Operational Highlights:

Net revenues of $28.8 million (Combined Semi and LED/SiC* $22.3M, Solar $6.6M) Net loss of $9.0 million, after a $7.0 million non-cash impairment... More