Amtech Systems said that for its fiscal third quarter sales in the solar sector reached US$37 million and US$42 million in total, a new quarterly revenue record. As of the first nine months of the year, Amtech said it had recorded over US$135 million in total orders, exceeding all previous full fiscal year bookings. Amtech’s total order backlog at June 30, 2010, was approximately US$80 million.
J.S. Whang, Chief Executive Officer of Amtech, commented, “Our strong preliminary revenue for the third quarter further demonstrates our market leadership in solar diffusion and our operational capability to manage and service this high growth market. With our continued success in expanding our solar market share with an increasing number of top tier solar customers, we recorded a record number of orders for a third quarter. As planned, we have ramped up operations to support our record-breaking order momentum and profitably manage our rapid growth.”
Company expects to report final fiscal 2010 third quarter results in early August.