Amtech Systems, Inc. manufactures and sells capital equipment and related consumables for use in fabricating silicon carbide (SiC), silicon power devices, analog and discrete devices, electronic assemblies, and light-emitting diodes (LEDs) worldwide. The company operates in Semiconductor and SiC/LED segments. The Semiconductor segment designs, manufactures, sells, and services thermal processing equipment, including solder reflow ovens, diffusion furnaces, and customer high-temp belt furnaces for use by semiconductor manufacturers, as well as in electronics, automotive and other industries; and wafer polishing equipment and related services. Its products include horizontal diffusion furnaces; and belt furnaces. The SiC/LED segment manufactures and sells consumables and machinery for lapping and polishing of materials, such as silicon wafers for semiconductor products; sapphire substrates for LED lighting and mobile devices; silicon carbide wafers for LED and power device applications; various glass and silica components for 3D image transmission; quartz and ceramic components for telecommunications devices; and medical device components, and optical and photonics applications. The company sells its products through sales personnel, as well as a network of independent sales representatives and distributors. The company was formerly known as Quartz Engineering & Materials, Inc. and changed its name to Amtech Systems, Inc. in 1987. Amtech Systems, Inc. was founded in 1981 and is headquartered in Tempe, Arizona.
IPO Year:
Exchange: NASDAQ
Website: amtechsystems.com
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Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its fourth quarter and fiscal year ended September 30, 2024. Fourth Quarter Fiscal 2024 Financial and Operational Results: Net revenue of $24.1 million GAAP net loss of $0.5 million Non-GAAP net loss of $7.0 thousand (1) Adjusted EBITDA $0.8 million (1) Customer orders of $17.6 million Fiscal 2024 Financial and Operational Results: Net revenue of $101.2 million Cash of $11.1 million Cash provided by operations of $9.8 million Fully repaid $10.7 million on debt agreement GAAP net loss of $8.5 mill
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its fourth quarter and fiscal year 2024 financial results for the period ended September 30, 2024, on Monday, December 9, 2024, after market close. The company will host a conference call to discuss these results at 5:00 pm ET on Monday, December 9, 2024. Robert Daigle, Chief Executive Officer, and Wade Jenke, Chief Financial Officer, will provide an overview of the quarter, discuss current business conditions, and conduct a question-and-answer session. The call will be available live, to interested parties by dialing +1-800-717-1738. For
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its third quarter ended June 30, 2024. Third Quarter Fiscal 2024 Financial and Operational Results: Net revenue of $26.7 million GAAP operating income of $0.8 million Net cash position of $8.9 million Non-GAAP operating income of $1.5 million (1) GAAP net income of $0.4 million Non-GAAP net income of $1.1 million (1) Customer orders of $18.8 million Backlog of $31.8 million (1) See GAAP to non-GAAP reconciliation in schedules following this release. "In the third quarter we continued to align our cos
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today announced that Lisa Gibbs has submitted her resignation as Chief Financial Officer and Board member, effective close of business on August 7, 2024, to assume an executive role at another company. Amtech also announced the appointment of Wade Jenke as Chief Financial Officer, effective August 8, 2024, succeeding Lisa Gibbs in the role. Mr. Jenke brings more than fifteen years of financial and operational experience. Most recently he served as business unit CFO of the EMS Group at ASSA ABLOY AB, a $13 billion USD publicly traded company based in Swede
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its third quarter 2024 financial results for the period ended June 30, 2024, on Wednesday, August 7, 2024, after market close. The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, August 7, 2024. Robert Daigle, Chief Executive Officer and Lisa Gibbs, Chief Financial Officer will provide an overview of the quarter, discuss current business conditions, and conduct a question-and-answer session. The call will be available live, to interested parties by dialing +1-800-717-1738. For international callers,
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, today reported results for its second quarter ended March 31, 2024. Second Quarter Fiscal 2024 Financial and Operational Results: Net revenue of $25.4 million GAAP operating income of $1.4 million Net proceeds of $2.5 million from sale of corporate headquarters building Debt payments of $6.4 million, ending the quarter with net cash position of $8.8 million Non-GAAP operating income of $0.2 million (1) G
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, will announce its second quarter 2024 financial results for the period ended March 31, 2024, on Wednesday, May 8, 2024, after market close. The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, May 8, 2024. Robert Daigle, Chief Executive Officer and Lisa Gibbs, Chief Financial Officer will provide an overview of the quarter, discuss current business conditions, and conduct a question
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, today reported results for its first quarter ended December 31, 2023. First Quarter Fiscal 2024 Financial and Operational Results: Net revenue of $24.9 million GAAP operating loss of $8.9 million, inclusive of non-cash impairment charges of $7.6 million due to our book value materially exceeding our market value as of December 31, 2023 Non-GAAP operating loss of $0.2 million (1) GAAP net loss of $9.4 million
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, will announce its first quarter 2024 financial results for the period ended December 31, 2023, on Friday, February 9, 2024, after market close. The company will host a conference call to discuss these results at 8:00 am ET on Monday, February 12, 2024. Robert Daigle, Chief Executive Officer, Lisa Gibbs, Chief Financial Officer, and Paul Lancaster, Vice President, Sales and Customer Service, will provide an overview of the
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, today reported results for its fourth quarter and fiscal year ended September 30, 2023. Fourth Quarter Fiscal 2023 Financial and Operational Results: Net revenue of $27.7 million GAAP operating loss of $11.7 million, inclusive of $5.2 million intangible asset impairment charge Non-GAAP operating loss of $3.0 million (1) GAAP net loss of $12.0 million Non-GAAP net loss of $2.5 million (1) GAAP net loss pe
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Roth Capital reiterated coverage of Amtech Systems with a rating of Buy and set a new price target of $15.00 from $9.00 previously
ROTH Capital upgraded Amtech Systems from Neutral to Buy and set a new price target of $15.00 from $9.00 previously
Roth Capital resumed coverage of Amtech Systems with a rating of Neutral
Benchmark upgraded Amtech Systems from Hold to Buy and set a new price target of $10.00
The Benchmark Company upgraded Amtech Systems from Hold to Buy and set a new price target of $10.00
Benchmark upgraded Amtech Systems from Hold to Buy
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its fourth quarter and fiscal year ended September 30, 2024. Fourth Quarter Fiscal 2024 Financial and Operational Results: Net revenue of $24.1 million GAAP net loss of $0.5 million Non-GAAP net loss of $7.0 thousand (1) Adjusted EBITDA $0.8 million (1) Customer orders of $17.6 million Fiscal 2024 Financial and Operational Results: Net revenue of $101.2 million Cash of $11.1 million Cash provided by operations of $9.8 million Fully repaid $10.7 million on debt agreement GAAP net loss of $8.5 mill
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its fourth quarter and fiscal year 2024 financial results for the period ended September 30, 2024, on Monday, December 9, 2024, after market close. The company will host a conference call to discuss these results at 5:00 pm ET on Monday, December 9, 2024. Robert Daigle, Chief Executive Officer, and Wade Jenke, Chief Financial Officer, will provide an overview of the quarter, discuss current business conditions, and conduct a question-and-answer session. The call will be available live, to interested parties by dialing +1-800-717-1738. For
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its third quarter ended June 30, 2024. Third Quarter Fiscal 2024 Financial and Operational Results: Net revenue of $26.7 million GAAP operating income of $0.8 million Net cash position of $8.9 million Non-GAAP operating income of $1.5 million (1) GAAP net income of $0.4 million Non-GAAP net income of $1.1 million (1) Customer orders of $18.8 million Backlog of $31.8 million (1) See GAAP to non-GAAP reconciliation in schedules following this release. "In the third quarter we continued to align our cos
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its third quarter 2024 financial results for the period ended June 30, 2024, on Wednesday, August 7, 2024, after market close. The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, August 7, 2024. Robert Daigle, Chief Executive Officer and Lisa Gibbs, Chief Financial Officer will provide an overview of the quarter, discuss current business conditions, and conduct a question-and-answer session. The call will be available live, to interested parties by dialing +1-800-717-1738. For international callers,
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, today reported results for its second quarter ended March 31, 2024. Second Quarter Fiscal 2024 Financial and Operational Results: Net revenue of $25.4 million GAAP operating income of $1.4 million Net proceeds of $2.5 million from sale of corporate headquarters building Debt payments of $6.4 million, ending the quarter with net cash position of $8.8 million Non-GAAP operating income of $0.2 million (1) G
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, will announce its second quarter 2024 financial results for the period ended March 31, 2024, on Wednesday, May 8, 2024, after market close. The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, May 8, 2024. Robert Daigle, Chief Executive Officer and Lisa Gibbs, Chief Financial Officer will provide an overview of the quarter, discuss current business conditions, and conduct a question
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, today reported results for its first quarter ended December 31, 2023. First Quarter Fiscal 2024 Financial and Operational Results: Net revenue of $24.9 million GAAP operating loss of $8.9 million, inclusive of non-cash impairment charges of $7.6 million due to our book value materially exceeding our market value as of December 31, 2023 Non-GAAP operating loss of $0.2 million (1) GAAP net loss of $9.4 million
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, will announce its first quarter 2024 financial results for the period ended December 31, 2023, on Friday, February 9, 2024, after market close. The company will host a conference call to discuss these results at 8:00 am ET on Monday, February 12, 2024. Robert Daigle, Chief Executive Officer, Lisa Gibbs, Chief Financial Officer, and Paul Lancaster, Vice President, Sales and Customer Service, will provide an overview of the
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications, today announced a summary of its revenue and business status as of September 30, 2023. Fourth Quarter Fiscal 2023 Business Update Net revenue of $27.7 million Customer orders of $18.2 million Book to bill ratio of 0.7:1 Fiscal 2023 Business Update Net revenue of $113.3 million Customer orders of $103.9 million Book to bill ratio of 0.9:1 Backlog of $51.8 million Due to the prolonged downturn and
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables, today announced that it will postpone its earnings release and conference call to allow more time for the completion of its fourth quarter and year-end reporting and audit procedures. The call previously scheduled for Wednesday, December 6, 2023, at 5:00 pm ET will be hosted on Wednesday, December 13, 2023, at 5:00 pm ET. A live webcast of the conference call will be available in the investor relations section of the Company's website at: https://www.amtechsystems.com/investors/events. A replay of the webcast will be available in
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today announced that Lisa Gibbs has submitted her resignation as Chief Financial Officer and Board member, effective close of business on August 7, 2024, to assume an executive role at another company. Amtech also announced the appointment of Wade Jenke as Chief Financial Officer, effective August 8, 2024, succeeding Lisa Gibbs in the role. Mr. Jenke brings more than fifteen years of financial and operational experience. Most recently he served as business unit CFO of the EMS Group at ASSA ABLOY AB, a $13 billion USD publicly traded company based in Swede
BUFFALO, N.Y., Nov. 29, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII) ("22nd Century" or the "Company"), a biotechnology company focused on utilizing advanced plant technologies to improve health and wellness, today announced the appointment of Lawrence (Larry) Firestone as the Company's Chairman and Chief Executive Officer. Nora Sullivan, former Chair of the Board, commented, "Larry is a seasoned executive known for his 'hands-on' leadership style emphasizing teamwork, business alignment, continuous improvement, cost control and process optimization. His track record of success with fast growing public companies will serve 22nd Century well as it continues to execu
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, analog and discrete devices, and electronic assemblies and modules focusing on enabling technologies for electric vehicles (EV) and clean technology (CleanTech) applications, today announced that Michael Whang stepped down as Chief Executive Officer, effective August 8, 2023. The board has appointed Bob Daigle, current Chairman of the Board, with the additional role of Chief Executive Officer, effective August 8, 2023. To support the transition,
Amtech Systems, Inc. (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), today announced the appointment of Robert C. Daigle to its Board of Directors. Mr. Daigle is Senior Vice President and Chief Technology Officer of Rogers Corporation where he has served in a number of senior executive roles in his 30-year tenure. While at Rogers, Mr. Daigle built and led the High Frequency Circuit Materials business and the Power Electronics Solut