Amtech Reports First Quarter 2024 Results

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  • Amtech Reports First Quarter Fiscal 2025 Results

    Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its first quarter ended December 31, 2024. First Quarter Fiscal 2025 Financial and Operational Results: Net revenue of $24.4 million Cash of $13.2 million Cash provided by operations of $2.9 million GAAP net income of $0.3 million Non-GAAP net income of $0.8 million(1) Adjusted EBITDA $1.9 million (1) Customer orders of $18.1 million Backlog of $19.0 million (1) See GAAP to non-GAAP and EBITDA and Adjusted EBITDA reconciliation in schedules following this release. "I'm pleased to report a strong firs

    $ASYS
    Industrial Machinery/Components
    Technology
  • Amtech Systems to Participate in the 37th Annual Roth Conference

    Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, announces that Robert Daigle, Chief Executive Officer, and Wade Jenke, Chief Financial Officer, will participate in the 37th Annual Roth Conference in Dana Point, California, on Monday, March 17, 2025. Management will be available for one-on-one and small group meetings with institutional investors on Monday, March 17, 2025. For more information about the conference or to request a meeting, please contact your Roth sales representative. About Amtech Systems, Inc. Amtech Systems, Inc. is a leading, global manufacturer of equipment and consumables for s

    $ASYS
    Industrial Machinery/Components
    Technology
  • Amtech Appoints New Member to Board of Directors

    Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today announced the appointment of Asif Y. Jakwani to its Board of Directors. Mr. Jakwani most recently served as Senior Vice President and General Manager of On Semiconductor Corporation ("Onsemi") from February 2020 until March of 2024. As the general manager of the Advanced Power Division ("APD"), Mr. Kakwani was responsible of all power discrete and modules for Onsemi including silicon carbide ("SiC"). During his seventeen-year career at Onsemi, Mr. Jakwani held various positions with increasing responsibilities. Prior to joining Onsemi in 2007, Mr. J

    $ASYS
    Industrial Machinery/Components
    Technology

$ASYS
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  • Amtech Appoints New Member to Board of Directors

    Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today announced the appointment of Asif Y. Jakwani to its Board of Directors. Mr. Jakwani most recently served as Senior Vice President and General Manager of On Semiconductor Corporation ("Onsemi") from February 2020 until March of 2024. As the general manager of the Advanced Power Division ("APD"), Mr. Kakwani was responsible of all power discrete and modules for Onsemi including silicon carbide ("SiC"). During his seventeen-year career at Onsemi, Mr. Jakwani held various positions with increasing responsibilities. Prior to joining Onsemi in 2007, Mr. J

    $ASYS
    Industrial Machinery/Components
    Technology
  • Amtech Systems Announces CFO Transition

    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

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    Industrial Machinery/Components
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  • 22nd Century Appoints Larry Firestone as Chairman and CEO

    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

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  • Amtech Reports First Quarter Fiscal 2025 Results

    Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its first quarter ended December 31, 2024. First Quarter Fiscal 2025 Financial and Operational Results: Net revenue of $24.4 million Cash of $13.2 million Cash provided by operations of $2.9 million GAAP net income of $0.3 million Non-GAAP net income of $0.8 million(1) Adjusted EBITDA $1.9 million (1) Customer orders of $18.1 million Backlog of $19.0 million (1) See GAAP to non-GAAP and EBITDA and Adjusted EBITDA reconciliation in schedules following this release. "I'm pleased to report a strong firs

    $ASYS
    Industrial Machinery/Components
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  • Amtech Systems to Announce Fiscal First Quarter 2025 Financial Results on Wednesday, February 5, 2025

    Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its fiscal first quarter 2025 financial results for the period ended December 31, 2024, on Wednesday, February 5, 2025, after market close. The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, February 5, 2025. 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, by dialing +1-800-717-1738. For international callers, plea

    $ASYS
    Industrial Machinery/Components
    Technology
  • Amtech Reports Fourth Quarter and Year End Fiscal 2024 Results

    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

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$ASYS
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