Recap: Amtech Systems Q2 Earnings

Amtech Systems ASYS reported its Q2 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

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

Earnings

Amtech Systems beat estimated earnings by 375.0%, reporting an EPS of $0.19 versus an estimate of $0.04.

Revenue was up $4.73 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.17 which was followed by a 16.03% drop in the share price the next day.

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

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate -0.03 0.11 -0.28 0.07
EPS Actual -0.20 0.30 -0.16 0.14
Revenue Estimate 21.50M 30.00M 14.72M 27.45M
Revenue Actual 21.56M 32.31M 19.96M 28.58M

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.

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