Amtech Systems not to provide guidance until demand stabilizes The supply/demand imbalance for solar cells and modules continues to negatively impact the entire solar supply chain and is expected to continue in FY13. The company will not be providing quarterly or annual guidance until there is better visibility regarding forward demand. Operating results could be impacted by the timing of system shipments, the net impact of revenue deferral on those shipments, and recognition of revenue based on customer acceptances, all of which can have a significant effect on operating results.
Amtech Systems sees BTU acquisition accretive to FY15 adjusted earnings Amtech Systems (ASYS) announced that it has completed its acquisition of BTU International (BTUI). The combined company is expected to generate $4M–$5M of annual operating expense savings within 12 months post-closing. Amtech expects the transaction to be accretive to fiscal 2015 non-GAAP earnings per share. In connection with the completion of the transaction, BTU ceased trading on the NASDAQ stock exchange.