Amtech Systems Q1 revenue falls

Reuters
Feb 06
<a href="https://laohu8.com/S/ASYS">Amtech Systems</a> Q1 revenue falls

Overview

  • AI semiconductor equipment maker's fiscal Q1 revenue falls

  • Company's operating cash flow increased 43% yr/yr

Outlook

  • Company expects Q2 revenue between $19.0 mln and $21.0 mln

  • Amtech anticipates high single-digit adjusted EBITDA margin in Q2

Result Drivers

  • AI DEMAND - Strong demand for AI infrastructure equipment drove 35% of TPS segment revenue, up from 30% in the prior quarter

  • CASH FLOW IMPROVEMENT - Operating cash flow increased 43% yr/yr, supported by high-quality revenue streams and improved collections

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

Meet

$19 mln

$19 mln (1 Analyst)

Q1 Adjusted EPS

Miss

$0.03

$0.07 (1 Analyst)

Q1 Adjusted Net Income

$400,000

Q1 Net Income

$100,000

Analyst Coverage

  • The one available analyst rating on the shares is "buy"

  • The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

  • Wall Street's median 12-month price target for Amtech Systems Inc is $12.00, about 23.8% below its February 4 closing price of $15.75

Press Release: ID:nBw3ps7Wpa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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