Recap: Amtech Systems Q3 Earnings

  Amtech Systems (NASDAQ:ASYS) reported its Q3 earnings results on Monday, August 15, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

 

Amtech Systems (NASDAQ:ASYS) reported its Q3 earnings results on Monday, August 15, 2022 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Amtech Systems beat estimated earnings by 42.86%, reporting an EPS of $-0.16 versus an estimate of $-0.28.

Revenue was down $3.14 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 5.72% drop in the share price the next day.

Here’s a look at Amtech Systems’s past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.07 0.07 0.10 -0.01
EPS Actual 0.14 0.07 0.05 0.03
Revenue Estimate 27.45M 24.47M 26.03M 21.93M
Revenue Actual 28.58M 27.33M 24.34M 23.10M

To track all earnings releases for Amtech Systems visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Tesla’s California Return, Ford’s F-150 Lightning Woes, Lucid And Nikola Earnings Disappoint And More: Biggest EV Stories Of The Week

Electric vehicle stocks came under selling pressure in the week ended Feb. 24, weighed down by the general rise in risk aversion and a negative earnings report from luxury EV manufacturer Lucid Group, Inc. (NASDAQ: LCID). Here are the key events that happened in the EV space during the week:

F