Amtech Systems Q2 2024 Adj EPS $(0.20) Misses $(0.14) Estimate, Sales $25.400M Beat $23.500M Estimate

5/8/24 4:15:21 PM ET

Industrial Machinery/Components

Technology

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Amtech Systems (NASDAQ:ASYS) reported quarterly losses of $(0.20) per share which missed the analyst consensus estimate of $(0.14) by 42.86 percent. The company reported quarterly sales of $25.400 million which beat the analyst consensus estimate of $23.500 million by 8.09 percent. This is a 23.75 percent decrease over sales of $33.310 million the same period last year.

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Amtech Reports Third Quarter 2024 Results
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
8/7/24 4:06:00 PM ET
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Industrial Machinery/Components
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Amtech Systems to Announce Third Quarter 2024 Financial Results on Wednesday, August 7, 2024
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,
7/24/24 8:00:00 AM ET
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Industrial Machinery/Components
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Amtech Reports Second Quarter 2024 Results
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
5/8/24 4:05:00 PM ET
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Amtech Systems Q2 2024 Adj EPS $(0.20) Misses $(0.14) Estimate, Sales $25.400M Beat $23.500M Estimate
Amtech Systems (NASDAQ:ASYS) reported quarterly losses of $(0.20) per share which missed the analyst consensus estimate of $(0.14) by 42.86 percent. The company reported quarterly sales of $25.400 million which beat the analyst consensus estimate of $23.500 million by 8.09 percent. This is a 23.75 percent decrease over sales of $33.310 million the same period last year.
5/8/24 4:15:21 PM ET
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Industrial Machinery/Components
Technology
Blend Labs And 2 Other Penny Stocks Insiders Are Buying
The Dow Jones index closed higher by more than 300 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Amtech Systems The Trade: Amtech Systems, Inc. (NASDAQ:ASYS) Chairman and CEO Robert C Daigle acquired a total of 3,500 shares an average price of $4.21. To acquire these shares, it cost around $14,735. What’s Happening: Amtech Systems rep
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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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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 Systems Announces CEO Transition
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,
8/9/23 4:03:00 PM ET
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Amtech Reports Third Quarter 2024 Results
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
8/7/24 4:06:00 PM ET
$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
8/7/24 4:05:00 PM ET
$ASYS
Industrial Machinery/Components
Technology
Amtech Systems to Announce Third Quarter 2024 Financial Results on Wednesday, August 7, 2024
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,
7/24/24 8:00:00 AM ET
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Industrial Machinery/Components
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Amtech Systems Q2 2024 Adj EPS $(0.20) Misses $(0.14) Estimate, Sales $25.400M Beat $23.500M Estimate

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$ASYS Large Ownership Changes

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SEC Form SC 13G filed by Amtech Systems Inc.

Amendment: SEC Form SC 13G/A filed by Amtech Systems Inc.

Amendment: SEC Form SC 13G/A filed by Amtech Systems Inc.

$ASYS Insider Trading

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Chairman & CEO Daigle Robert C converted options into 55,556 units of Amtech Systems and covered exercise/tax liability with 15,472 units of Amtech Systems, increasing direct ownership by 37% to 149,037 units (SEC Form 4)

Director Averick Robert M bought $221,050 worth of shares (40,000 units at $5.53), increasing direct ownership by 9% to 474,000 units (SEC Form 4)

SEC Form 4 filed by Chief Financial Officer Jenke Wade Michael

$ASYS SEC Filings

Amtech Systems Inc. filed SEC Form 8-K: Termination of a Material Definitive Agreement

Amtech Systems Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Leadership Update, Financial Statements and Exhibits

SEC Form 10-Q filed by Amtech Systems Inc.

$ASYS Financials

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Amtech Reports Third Quarter 2024 Results

Amtech Systems to Announce Third Quarter 2024 Financial Results on Wednesday, August 7, 2024

Amtech Reports Second Quarter 2024 Results

$ASYS Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Director Averick Robert M bought $221,050 worth of shares (40,000 units at $5.53), increasing direct ownership by 9% to 474,000 units (SEC Form 4)

Averick Robert M bought $82,901 worth of shares (15,811 units at $5.24), increasing direct ownership by 4% to 434,000 units (SEC Form 4)

Daigle Robert C bought $14,735 worth of Amtech Systems (3,500 units at $4.21), increasing direct ownership by 3% to 103,702 units (SEC Form 4)

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Roth Capital reiterated coverage on Amtech Systems with a new price target

Amtech Systems upgraded by ROTH Capital with a new price target

Roth Capital resumed coverage on Amtech Systems

$ASYS Market Insights

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Amtech Systems Q2 2024 Adj EPS $(0.20) Misses $(0.14) Estimate, Sales $25.400M Beat $23.500M Estimate

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$ASYS Leadership Updates

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Amtech Systems Announces CFO Transition

22nd Century Appoints Larry Firestone as Chairman and CEO

Amtech Systems Announces CEO Transition

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Amtech Reports Third Quarter 2024 Results

Amtech Systems Announces CFO Transition

Amtech Systems to Announce Third Quarter 2024 Financial Results on Wednesday, August 7, 2024

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