Welcome to our dedicated page for Amtech Systems news (Ticker: ASYS), a resource for investors and traders seeking the latest updates and insights on Amtech Systems stock.
Amtech Systems Inc. (ASYS) is a prominent player in the high-tech manufacturing industry, known for its cutting-edge solutions in the semiconductor sector. Headquartered in the United States, Amtech specializes in the design, production, and sale of advanced thermal processing equipment and consumables. These products are essential for the fabrication of semiconductor devices, including silicon carbide (SiC) and silicon power chips, electronic assemblies, and LEDs.
Amtech operates through two main segments:
- Semiconductor: This division focuses on creating and servicing thermal processing equipment and associated controls. These products are crucial for semiconductor manufacturers and are also utilized in the electronics, automotive, and other industries.
- Material and Substrate: This segment produces high-precision machinery and consumables for lapping and polishing materials. These materials include sapphire substrates, optical components, silicon wafers, various crystal materials, ceramics, and metal components.
With a strong global presence, Amtech also operates in Pakistan, Afghanistan, the UAE, and other regions. The company holds a significant market share in Pakistan, commanding 63% of the video and audio conferencing market. Known for its collaborations with industry giants like Cisco, Polycom, InFocus, Smart Tech, Barco, Extreme Networks, Optoma, Smart, Specktron, and Microsoft, Amtech delivers state-of-the-art technological solutions.
Amtech Systems is renowned for its commitment to delivering projects on time and within budget, thanks to its team of experienced business and technology professionals. The company boasts over 2,500 clients in Pakistan alone and maintains offices in more than five cities, including international locations in Afghanistan and the UAE. This extensive reach makes Amtech one of Pakistan's largest IT distribution and solution providers.
Amtech Systems, Inc. (NASDAQ: ASYS) announced a revised schedule for its financial results for the third fiscal quarter ended June 30, 2022, now set to release on August 15, 2022, after market close. Revenues for the quarter reached $20.0 million, with net income per diluted share at $0.73, including a gain from the sale of a building in Billerica, Massachusetts. This timely update reflects the company’s commitment to transparency during reporting and audit processes.
Amtech Systems, Inc. (NASDAQ: ASYS) will report its fiscal Q3 2022 financial results on August 10, 2022, after market close. The results cover the period ending June 30, 2022. A conference call with CEO Michael Whang, CFO Lisa Gibbs, and VP Paul Lancaster will be held at 5:00 pm ET to discuss the results and current business conditions. Interested parties can join via phone or listen to a live webcast on the company’s investor relations website, with a replay available afterward.
Amtech Systems, Inc. (ASYS) reported strong Q2 fiscal 2022 results with net revenues of $28.6 million, a 44% increase year-over-year. Operating income reached $2.6 million and net income was $2.0 million, or $0.14 per diluted share. Strong customer orders totaled $33.7 million, with a book-to-bill ratio of 1.2:1. However, the Shanghai COVID lockdown affected operations, causing $1.2 million in revenue shifts. Fiscal Q3 revenue guidance estimates of $14 to $16 million reflect ongoing logistical challenges.
Amtech Systems, Inc. (NASDAQ: ASYS) will announce its Q2 2022 financial results for the period ending
Amtech Systems (NASDAQ: ASYS) reported strong Q1 results for fiscal 2022, achieving net revenue of $27.3 million, a 52% increase year-over-year. The company posted an operating income of $1.2 million and a net income of $1.0 million, translating to $0.07 per diluted share. Customer orders reached $31.6 million, and the backlog increased to $48.5 million, indicating robust demand despite industry supply chain challenges. The company anticipates revenues of $26 to $28 million for Q2, with a gross margin near 40%.
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
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