Investing.com - Amtech reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Amtech announced earnings per share of $0.300 on revenue of $32.3M. Analysts polled by Investing.com EPS of $0.110 on revenue of $30M.
Amtech 's are up 10% and is trading at $9.810 , still down 18.66% from its 52 week high of $13.45 set on Tuesday, August 23, 2022.
Amtech shares lost 10.33% to trade at $9.810 in after-hours trade the report.
Amtech follows other major Information Technology sector earnings this month
Amtech's report follows an earnings missed by NVIDIA on Wednesday, November 16, 2022, who reported EPS of $0.58 on revenue of $5.93B, EPS of $0.71 on revenue of $5.8B.
Cisco had beat expectations on Wednesday, November 16, 2022 with first quarter EPS of $0.86 on revenue of $13.6B, for EPS of $0.84 on revenue of $13.29B.
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