Amtech Systems (ASYS) Misses Q2 EPS by 5c

Amtech Systems (NASDAQ: ASYS) reported Q2 EPS of ($0.02), $0.05 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $0 versus the consensus estimate of $18.77 million.

Mr. Michael Whang, Chief Executive Officer of Amtech, commented, “Our strong momentum continued into the second quarter with revenue coming in at the high end of our expectations. As we look out to the balance of 2021, we are encouraged to see the strength in demand continue and believe our exposure to several secular tailwinds including advanced semiconductor packaging, power semiconductors, electric vehicles and 5G communications, creates a significant opportunity to drive increased profitability and shareholder value as demand accelerates.”

For earnings history and earnings-related data on Amtech Systems (ASYS) click here.

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