💨 Abstract

Amtech Systems Inc. (ASYS) reported a fiscal second-quarter loss of $31.8 million, reversing a profit from the same period last year. The loss per share was $2.23, with adjusted losses at 16 cents per share. The company, which supplies equipment for solar panels and semiconductors, posted $15.6 million in revenue. For the upcoming quarter, Amtech expects revenue between $16 million and $19 million.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖