Amtech Systems Inc is a publicly traded company that specializes in providing capital equipment and related services for the global semiconductor and solar industries. Their product offerings include a range of manufacturing equipment, automation solutions, and related technologies designed to enhance the efficiency and performance of manufacturing processes. With a focus on innovation and sustainability, Amtech plays a crucial role in enabling the production of advanced electronic components and solar power systems, thereby supporting the evolving demands of these high-tech sectors.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the semiconductors industry, including Seagate Technology (NASDAQ:STX) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Amtech (NASDAQ:ASYS) and the best and worst performers in the semiconductor manufacturing industry.
Shares of semiconductor production equipment provider Amtech Systems (NASDAQ:ASYS) fell 14.4% in the morning session after the company reported weak financial results for the third quarter (FQ4 2024). Revenue guidance for the next quarter missed significantly, and its EPS fell short of Wall Street's estimates. Sales declined 13% year on year amid a challenging operating environment. Sequentially, management attributed the revenue weakness to "decreased sales of our diffusion furnaces, advanced packaging, and wafer cleaning equipment." Overall, this was a weaker quarter.
Semiconductor production equipment provider Amtech Systems (NASDAQ:ASYS) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, but sales fell by 13% year on year to $24.11 million. On the other hand, next quarter’s revenue guidance of $22.5 million was less impressive, coming in 9.1% below analysts’ estimates. Its non-GAAP loss of $0 per share was $0.02 below analysts’ consensus estimates.
Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its fourth quarter and fiscal year ended September 30, 2024.
Semiconductor production equipment provider Amtech Systems (NASDAQ:ASYS) will be announcing earnings results tomorrow afternoon. Here’s what investors should know.
Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its fourth quarter and fiscal year 2024 financial results for the period ended September 30, 2024, on Monday, December 9, 2024, after market close.
Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its third quarter ended June 30, 2024.
Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today announced that Lisa Gibbs has submitted her resignation as Chief Financial Officer and Board member, effective close of business on August 7, 2024, to assume an executive role at another company. Amtech also announced the appointment of Wade Jenke as Chief Financial Officer, effective August 8, 2024, succeeding Lisa Gibbs in the role.
Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its third quarter 2024 financial results for the period ended June 30, 2024, on Wednesday, August 7, 2024, after market close.
Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, today reported results for its second quarter ended March 31, 2024.
Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, will announce its second quarter 2024 financial results for the period ended March 31, 2024, on Wednesday, May 8, 2024, after market close.
The Dow Jones index closed higher by more than 300 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Shares of Big Lots, Inc. (NYSE: BIG) fell sharply during Monday’s session after the company reported preliminary fourth-quarter results. Also, Loop Capital downgraded the stock from Hold to Sell and lowered its price target from $6 to $1.
Shares of Amtech Systems, Inc. (NASDAQ: ASYS) rose sharply in today’s pre-market trading after the company reported upbeat results for its first quarter on Friday.
