Amtech Systems (ASYS) Misses Q3 EPS by 1c

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Amtech Reports Third Quarter Fiscal 2023 Results

August 9, 2023 4:05 PM EDT

TEMPE, Ariz.--(BUSINESS WIRE)-- Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power, analog and discrete devices, and electronic assemblies and modules focusing on enabling technologies for electric vehicles (EV) and clean technology (CleanTech) applications, today reported results for its third quarter ended June 30, 2023.

Third Quarter Fiscal 2023 Financial and Operational Highlights:

Net revenue of $30.7 million GAAP operating loss of $1.1... More