Amtech Systems (NASDAQ:ASYS) Releases Earnings Results, Beats Estimates By $0.11 EPS

Amtech Systems (NASDAQ:ASYS) issued its quarterly earnings results on Wednesday. The semiconductor company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.08) by $0.11, Zacks reports. Amtech Systems had a negative net margin of 8.38% and a negative return on equity of 0.73%.

Amtech Systems Stock Down 0.4 %

ASYS stock traded down $0.02 during midday trading on Wednesday, hitting $5.23. 15,099 shares of the company traded hands, compared to its average volume of 30,653. The business has a 50 day simple moving average of $5.46 and a 200-day simple moving average of $5.74. The stock has a market capitalization of $74.73 million, a price-to-earnings ratio of -8.72 and a beta of 1.38. Amtech Systems has a twelve month low of $3.37 and a twelve month high of $6.96.

About Amtech Systems

Amtech Systems, Inc manufactures and sells capital equipment and related consumables for use in fabricating silicon carbide (SiC), silicon power devices, analog and discrete devices, electronic assemblies, and light-emitting diodes (LEDs) worldwide. The company operates through Semiconductor and Material and Substrate segments.