Amtech Systems Stock Price, News & Analysis

Amtech Systems, Inc. (NASDAQ: ASYS) has rescheduled its earnings conference call to announce its first quarter 2022 financial results, which will cover the period ending December 31, 2021. The announcement will occur on February 14, 2022, after market close, followed by a conference call at 5:00 pm ET. CEO Michael Whang and CFO Lisa Gibbs will discuss the quarter and address questions. Interested parties can join via phone or a live webcast on the company’s investor relations website.

Amtech Systems, Inc. (NASDAQ: ASYS) plans to announce its Q1 2022 financial results on February 16, 2022, after market close. These results will cover the period ending December 31, 2021. A conference call featuring CEO Michael Whang and CFO Lisa Gibbs will take place at 5:00 pm ET on the same day to discuss the financial performance and current business conditions. Interested parties can join by phone or via a live webcast available on the company’s investor relations webpage.

Amtech Systems, Inc. (NASDAQ: ASYS) reported strong financial results for Q4 and FY 2021. Q4 net revenue reached $24.3 million, with an operating income of $1.3 million and EPS of $0.05. For the fiscal year, net revenue was $85.2 million, and income per diluted share was $0.11, reflecting strong growth rates of 30% YoY. The backlog stands at $44.1 million, and customer orders totaled $34.2 million. However, the company anticipates ongoing supply chain challenges affecting future operations.

Amtech Systems, Inc. (NASDAQ: ASYS) will release its fourth quarter and fiscal year 2021 financial results on November 17, 2021, after market close. The company specializes in capital equipment for semiconductor fabrication, including thermal processing and wafer polishing. A conference call hosted by CEO Michael Whang and CFO Lisa Gibbs will follow at 5:00 p.m. ET to discuss the results and current business conditions. Interested parties can join the call by dialing the provided numbers or through a live webcast on the company's investor relations website.

Amtech Systems (NASDAQ: ASYS) reports strong demand for its BDF diffusion furnace product line, with total year-to-date bookings surpassing $18M. A notable booking includes a $7.7M multi-unit follow-on order for 300mm clustered HTR diffusion furnaces from a leading global power semiconductor manufacturer, slated for delivery in the first half of fiscal 2022. The automated system meets GEM300 standards and operates at a maximum temperature of 1200 degrees C, addressing the growing needs in the power semiconductor market.

Amtech Systems, Inc. (NASDAQ: ASYS) reported record bookings exceeding $14 million in its Semiconductor segment for August, indicating robust demand across various markets. The company anticipates that these systems will start shipping in the fiscal first quarter of 2022. CEO Michael Whang highlighted that demand has continued into September with an additional $5.3 million in orders. Key products driving this growth include BTU reflow ovens and 300mm BDF diffusion furnaces, primarily for power semiconductor fabrication.

Amtech Systems, Inc. (NASDAQ: ASYS) has appointed Robert C. Daigle as a new member of its Board of Directors. Daigle brings over 30 years of executive experience, notably as Senior Vice President and Chief Technology Officer at Rogers Corporation, where he led significant business units. His expertise in power semiconductors aligns with Amtech's growth strategy. The Board now includes seven members, with four being independent directors, signaling a commitment to a diverse governance structure aimed at enhancing the company's strategic direction.

Amtech Systems, Inc. (ASYS) reported its third-quarter results for fiscal 2021, showing a net revenue of $23.1 million, a 17% sequential growth, and a 52% year-over-year increase. The operating income was $1.2 million, with net income from continuing operations at $0.4 million or $0.03 per diluted share. Customer orders rose to $30.9 million, and backlog reached $34.3 million. Despite rising SG&A expenses of $1.1 million due to a cybersecurity incident, strong demand for semiconductor products persists. The outlook for Q4 expects revenue between $25 to $27 million.

Amtech Systems, Inc. (NASDAQ: ASYS) will announce its third quarter 2021 financial results for the period ending June 30, 2021 on August 4, 2021, after market close. The announcement will be followed by a conference call at 5:00 p.m. ET featuring CEO Michael Whang and CFO Lisa Gibbs. This session will cover the results, current business conditions, and include a Q&A segment. Amtech Systems specializes in manufacturing capital equipment for semiconductor devices, relating particularly to power electronics and related industries.