Amtech Systems Q3 Adj EPS $0.02, Inline, Sales $30.74M Miss $32.85M Estimate
Portfolio Pulse from bharat@benzinga.com
Amtech Systems reported Q3 earnings of $0.02 per share, in line with analyst consensus. This is a 112.5% increase from the same period last year. However, the company's quarterly sales of $30.74 million missed the analyst consensus estimate of $32.85 million by 6.42%, despite being a 53.98% increase from last year.
August 09, 2023 | 8:29 pm
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Amtech Systems' Q3 earnings met expectations but sales missed estimates. This mixed result could lead to uncertainty in the market.
Amtech Systems' earnings were in line with expectations, which is a positive signal. However, the company's sales missed estimates, which could be a concern for investors. The mixed results could lead to uncertainty in the market, potentially impacting the stock's short-term performance.
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