By Nicholas G. Miller
Shares of Amtech Systems rose after the company reported higher fiscal second-quarter revenue boosted by AI-related equipment demand.
The stock gained 13% to $20.55 in off-hours trading. Through Thursday's close, it was up 45% this year.
Net revenue rose 31% year-over-year to $20.5 million, driven by strong demand for reflow equipment used in AI applications.
The company also swung to a profit of $1.2 million, or 8 cents a share, compared with a loss of $31.8 million, or $2.23 a share, the year prior.
Adjusted earnings were 10 cents a share.
The company guided for fiscal third-quarter revenue of $20.5 million to $22.5 million.
Write to Nicholas G. Miller at nicholas.miller@wsj.com
(END) Dow Jones Newswires
May 08, 2026 07:57 ET (11:57 GMT)
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