Amtech Systems Earnings: Everything You Must Know Now

Amtech Systems Inc. (NASDAQ:ASYS) had a loss and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Amtech Systems Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $-0.22 in the quarter versus EPS of $-0.54 in the year-earlier quarter.

Revenue: Decreased 62.4% to $8.11 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Amtech Systems Inc. reported adjusted EPS loss of $0.22 per share. By that measure, the company beat the mean analyst estimate of $-0.33. It missed the average revenue estimate of $9.77 million.

Quoting Management: Mr. Fokko Pentinga, Chief Executive Officer of Amtech, commented, “Our results reflect the difficult environment in which we are operating. We are taking actions to further reduce costs across our global operations as we see this difficult environment continuing into at least fiscal 2014. We are focused on preserving cash while we very selectively invest in advancing our technology solutions to meet the future needs of our top-tier customers.”

Key Stats (on next page)…

Revenue decreased 13.35% from $9.36 million in the previous quarter. EPS increased to $-0.22 in the quarter versus EPS of $-0.37 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.26 to a loss $0.30. For the current year, the average estimate has moved down from a loss of $1.13 to a loss of $1.32 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]