Amtech Systems Stock Price, News & Analysis

Amtech Systems, Inc. (ASYS) will announce its second quarter 2023 financial results on May 10, 2023, after market close. The earnings report will cover the period ending March 31, 2023. Following the announcement, a conference call will be held at 5:00 PM ET, featuring CEO Michael Whang, CFO Lisa Gibbs, and VP Paul Lancaster. They will discuss quarterly performance, current business conditions, and engage in a Q&A session. Investors can join the call by dialing 1-877-407-0784 for domestic callers or +1-201-689-8560 for international participants. A live webcast will also be accessible in the investor relations section of Amtech's website, with a replay available within two hours of the call for 30 days.

Amtech Systems, Inc. (NASDAQ: ASYS), headquartered in Tempe, Arizona, has announced multiple orders totaling $9.7 million for its automated clustered 300mm horizontal diffusion furnace systems designed for power semiconductor manufacturing. These orders are to be shipped by mid fiscal year 2024 and will be utilized in leading semiconductor fabs in North America and Asia. The BDF300 system, noted for its high market share in power device applications, is recognized for its ability to maintain higher process temperatures and prevent wafer slippage. CEO Michael Whang emphasized the technology's reliability, especially for automotive applications.

Amtech Systems, Inc. (NASDAQ: ASYS) announced a $1.8M multi-unit order for high volume reflow systems, particularly the Pyramax reflow oven, from a leading OSAT customer. This order, set to ship from March through the third fiscal quarter of 2023, adds to over 300 units ordered by the customer, highlighting ongoing demand in advanced packaging applications despite industry uncertainties. CEO Michael Whang expressed optimism regarding this order's significance in the advanced computing market and praised the company's strong relationships in the OSAT sector.