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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 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,
SC 13G - AMTECH SYSTEMS INC (0000720500) (Subject)
SC 13G/A - AMTECH SYSTEMS INC (0000720500) (Subject)
SC 13G/A - AMTECH SYSTEMS INC (0000720500) (Subject)
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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
8-K - AMTECH SYSTEMS INC (0000720500) (Filer)
8-K - AMTECH SYSTEMS INC (0000720500) (Filer)
10-Q - AMTECH SYSTEMS INC (0000720500) (Filer)
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 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,
4 - AMTECH SYSTEMS INC (0000720500) (Issuer)
4 - AMTECH SYSTEMS INC (0000720500) (Issuer)
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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.
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
Shares of Big Lots, Inc. (NYSE:BIG) fell sharply during Monday’s session after the company reported preliminary fourth-quarter results. Also, Loop Capital downgraded the stock from Hold to Sell and lowered its price target from $6 to $1. Big Lots shares dipped 31.3% to $3.6850 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Millennium Group International Holdings Limited (NASDAQ:MGIH) surged 250% to $3.61 after YC 1926 (BVI) Limited reported an 88.89% stake in the company in a 13G filing on Friday. Beamr Imaging Ltd. (NASDAQ:BMR) shares climbed 241.5% to $7.20 after the company announced it will present its joint research relating to automated vide