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Amtech to Reschedule Third Quarter 2022 Earnings Call to August 15, 2022 and Reports Preliminary Revenue and Diluted EPS

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TEMPE, Ariz.--(BUSINESS WIRE)-- Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power devices, analog and discrete devices, electronic assemblies and light-emitting diodes (LEDs), announced today that it has rescheduled the release of its financial results for the third fiscal quarter ended June 30, 2022, from August 10, 2022, to after market close on August 15, 2022, to allow more time for completion of its quarter-end reporting and auditor review procedures.

Amtech is pleased to announce that revenues for the third fiscal quarter ended June 30, 2022, are $20.0 million and net income per diluted share is $0.73, inclusive of the gain on the sale of its building in Billerica, Massachusetts.

About Amtech Systems, Inc.

Amtech Systems, Inc. is a leading, global manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power devices, analog and discrete devices, electronic assemblies and light-emitting diodes (LEDs). We sell these products to semiconductor device and module manufacturers worldwide, particularly in Asia, North America and Europe. Our strategic focus is on semiconductor growth opportunities in power electronics, sensors and analog devices leveraging our strength in our core competencies in thermal and substrate processing. We are a market leader in the high-end power chip market (SiC substrates, 300mm horizontal thermal reactor, and electronic assemblies used in power, RF, and other advanced applications), developing and supplying essential equipment and consumables used in the semiconductor industry. Amtech's products are recognized under the leading brand names BTU International, Bruce Technologies, PR Hoffman and Intersurface Dynamics, Inc.

Amtech Systems, Inc.

Lisa D. Gibbs

Chief Financial Officer

(480) 360-3756

irelations@amtechsystems.com



Sapphire Investor Relations, LLC

Erica Mannion and Mike Funari

(617) 542-6180

irelations@amtechsystems.com

Source: Amtech Systems, Inc.

Amtech Systems Inc

NASDAQ:ASYS

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Semiconductor and Related Device Manufacturing
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About ASYS

amtech systems is a leading it distribution company based in pakistan, afghanistan, uae, & usa. it has 63% of video & audio conferencing market in pakistan and one of the leaders in unified communication arena. we deal in high-end and state of the art technological solutions with great partners like cisco, polycom,infocus, smart tech,, barco, extreme networks, optoma, smart, specktron, microsoft etc.. amtech systems develops solutions utilizing best-of-breed technologies, tools, and techniques. our internal staff has a diverse mix of skills and depth of experience that together; rival that talent of any top-shelf consulting organization. amtech systems strong, core group of business and technology professionals deliver solutions that are on time, with in budget, and meet expectations. with over 2500 clients in pakistan and offices in over 5 cities including afghanistan and uae, amtech systems is the one of the largest it distribution and solution providers in pakistan.