Amtech Reports First Quarter Fiscal 2016 Results
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Noble Sees Strong H216 for Amtech Systems (ASYS) Driven by Solar Orders; Affirms at 'Hold'
February 5, 2016 12:43 PM ESTNoble Financial reaffirms its Hold rating on Amtech Systems (Nasdaq: ASYS) following FQ1 results issued Thursday night.
Analyst Mark Jordan noted the following points and observations with today's report:
As expected, Amtech reported first fiscal quarter (December) loss of $0.31 per share on revenues of $22.1 million; losses... MoreAmtech Systems (ASYS) Tops Q1 EPS by 2c; Guides Q1 Revs
February 4, 2016 4:17 PM ESTAmtech Systems (NASDAQ: ASYS) reported Q1 EPS of ($0.31), $0.02 better than the analyst estimate of ($0.33). Revenue for the quarter came in at $22.1 million versus the consensus estimate of $23.36 million.
GUIDANCE:
Amtech Systems sees Q2 2016 revenue of $20-22 million, versus the consensus... More

