Amtech Reiterates Guidance For Fiscal 2011 Revenue To Surpass $230 Million, An Increase Of More Than 92% From Fiscal 2010
Amtech Systems, Inc. (NASDAQ:ASYS), a global supplier of production and
automation systems and related supplies for the manufacture of solar
cells, today reiterated its revenue guidance for the March quarter and
Amtech Systems, Inc. (NASDAQ:ASYS), a global supplier of production and automation systems and related supplies for the manufacture of solar cells, today reiterated its revenue guidance for the March quarter and for the full fiscal-year 2011. For fiscal 2011, Amtech has guided for revenue to surpass $230 million, a greater than 92% increase from fiscal 2010, with fiscal 2011 second quarter revenues in the range of $55 to $60 million. Amtech also continues to see an active and healthy order pipeline. About Amtech Amtech Systems, Inc. manufactures capital equipment, including silicon wafer handling automation, thermal processing equipment and related consumables used in fabricating solar cells and semiconductor devices. Semiconductors, or semiconductor chips, are fabricated on silicon wafer substrates, sliced from ingots, and are part of the circuitry, or electronic components, of many products including solar cells, computers, telecommunications devices, automotive products, consumer goods, and industrial automation and control systems. The Company’s wafer handling, thermal processing and consumable products currently address the diffusion, oxidation and deposition steps used in the fabrication of solar cells, semiconductors, MEMS and the polishing of newly sliced silicon wafers.