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 third quarter ended June 30, 2025. Third Quarter Fiscal 2025 Financial and Operational Results: Net revenue of $19.6 million Cash of $15.6 million Cash provided by operations of $2.5 million GAAP net income of $0.1 million Non-GAAP net income of $0.9 million (1) Adjusted EBITDA of $2.2 million (1) Customer orders of $21.7 million Backlog of $21.2 million (1) See GAAP to non-GAAP and EBITDA and Adjusted EBITDA reconciliation in schedules following this release. "I'm pleased to report that o
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its fiscal third quarter 2025 financial results for the period ended June 30, 2025, on Wednesday, August 6, 2025, after market close. The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, August 6, 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, please dial
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its second quarter ended March 31, 2025. Second Quarter Fiscal 2025 Financial and Operational Results: Net revenue of $15.6 million Cash of $13.4 million Cash provided by operations of $0.2 million GAAP net loss of $31.8 million Non-GAAP net loss of $2.3 million(1) Adjusted EBITDA of ($1.4) million (1) Customer orders of $15.7 million Backlog of $19.1 million (1) See GAAP to non-GAAP and EBITDA and Adjusted EBITDA reconciliation in schedules following this release. "Results for the second quarter fell short of
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its fiscal second quarter 2025 financial results for the period ended March 31, 2025, on Monday, May 12, 2025, after market close. The company will host a conference call to discuss these results at 5:00 pm ET on Monday, May 12, 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, please dial +1-646-307
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, provided a business update for the second quarter which ended on March 31st, 2025. Amtech's Thermal Processing Solutions Segment experienced a customer dispute during its fiscal second quarter. The dispute involves a previously cancelled order and resulted in the shipping delay of a separate order in the amount of approximately $4.9 million. While the matter is ongoing, the Company believes that the equipment will ship once this matter is resolved. The Company also experienced weaker demand in the Semiconductor Fabrication Solutions Segment during the seco
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
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
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
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
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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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
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Live Leadership Updates
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
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
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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, 2025. Third Quarter Fiscal 2025 Financial and Operational Results: Net revenue of $19.6 million Cash of $15.6 million Cash provided by operations of $2.5 million GAAP net income of $0.1 million Non-GAAP net income of $0.9 million (1) Adjusted EBITDA of $2.2 million (1) Customer orders of $21.7 million Backlog of $21.2 million (1) See GAAP to non-GAAP and EBITDA and Adjusted EBITDA reconciliation in schedules following this release. "I'm pleased to report that o
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its fiscal third quarter 2025 financial results for the period ended June 30, 2025, on Wednesday, August 6, 2025, after market close. The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, August 6, 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, please dial
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its second quarter ended March 31, 2025. Second Quarter Fiscal 2025 Financial and Operational Results: Net revenue of $15.6 million Cash of $13.4 million Cash provided by operations of $0.2 million GAAP net loss of $31.8 million Non-GAAP net loss of $2.3 million(1) Adjusted EBITDA of ($1.4) million (1) Customer orders of $15.7 million Backlog of $19.1 million (1) See GAAP to non-GAAP and EBITDA and Adjusted EBITDA reconciliation in schedules following this release. "Results for the second quarter fell short of
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its fiscal second quarter 2025 financial results for the period ended March 31, 2025, on Monday, May 12, 2025, after market close. The company will host a conference call to discuss these results at 5:00 pm ET on Monday, May 12, 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, please dial +1-646-307
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
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
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,
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