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Amtech Systems Fiscal Q4 Swings to Breakeven, Revenue Drops; Q1 Sales Guidance Set; Shares Fall After Hours
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Amtech Systems Fiscal Q4 Swings to Breakeven, Revenue Drops; Q1 Sales Guidance Set; Shares Fall After Hours
Dec 9, 2024 2:12 PM

04:58 PM EST, 12/09/2024 (MT Newswires) -- Amtech Systems ( ASYS ) reported fiscal Q4 at breakeven late Monday, compared with a non-GAAP loss of $0.18 a year earlier.

Two analysts surveyed by FactSet expected earnings of $0.02.

Revenue in the three months ended Sept. 30 fell to $24.1 million from $27.7 a year earlier. Two analysts polled by FactSet expected $23.8 million.

The company expects fiscal Q1 revenue of $21 million to $24 million. Two analysts polled by FactSet expect $24.8 million.

Shares of the company fell 11% in recent after-hours activity.

Price: 5.31, Change: -0.67, Percent Change: -11.20

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