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Amtech Systems Inc (ASYS.OQ)

ASYS.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Amtech Reports Second Quarter Results
Friday, 8 May 2020 

May 7 (Reuters) - Amtech Systems Inc ::AMTECH REPORTS SECOND QUARTER FISCAL 2020 RESULTS.Q2 LOSS PER SHARE $0.04 FROM CONTINUING OPERATIONS.Q2 REVENUE $14.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $11.8 MILLION.SEES Q3 2020 REVENUE $13 MILLION TO $16 MILLION.THROUGHOUT SECOND FISCAL QUARTER, WE FACED DISRUPTIONS BOTH TO OUR MANUFACTURING FACILITIES AND SUPPLY CHAIN.QTRLY NET LOSS PER DILUTED SHARE $0.83.  Full Article

Amtech Reports First Quarter Fiscal 2020 Results
Friday, 7 Feb 2020 

Feb 6 (Reuters) - Amtech Systems Inc ::AMTECH REPORTS FIRST QUARTER FISCAL 2020 RESULTS.Q1 LOSS PER SHARE $0.09 FROM CONTINUING OPERATIONS.Q1 REVENUE $20.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF $16.8 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $-0.10 -- REFINITIV IBES DATA.AMTECH SYSTEMS - BOARD APPROVAL TO RENEW OUR SHARE REPURCHASE PROGRAM OF UP TO $4 MILLION OF OUTSTANDING COMMON STOCK, EFFECTIVE FOR NEXT 12 MONTHS.  Full Article

Amtech Announces Sale Of Solar Business And Changes To Executive Team
Wednesday, 29 Jan 2020 

Jan 28 (Reuters) - Amtech Systems Inc ::AMTECH ANNOUNCES SALE OF SOLAR BUSINESS AND CHANGES TO EXECUTIVE TEAM.AMTECH SYSTEMS INC - IN CONNECTION WITH SALE, AGREED TO PROVIDE A TERM LOAN TO TEMPRESS IN PRINCIPAL SUM OF $2.3 MILLION.AMTECH SYSTEMS - EXPECT TO RECORD SIGNIFICANT PRE-TAX LOSS & TAX BENEFIT ON DECONSOLIDATION, AS PART OF FISCAL Q2 FINANCIAL STATEMENTS.AMTECH SYSTEMS INC - PROMOTION OF MICHAEL WHANG TO CHIEF EXECUTIVE OFFICER, EFFECTIVE IMMEDIATELY.AMTECH SYSTEMS - ANNOUNCED SALE OF ITS SHARES OF TEMPRESS GROUP HOLDING B.V. FOR NOMINAL CONSIDERATION TO STICHTING CONTINUITEIT TEMPRESS.  Full Article

Harbert Discovery Fund Lp Reports 5.2% Stake In Amtech Systems As Of Dec 2, 2019
Wednesday, 11 Dec 2019 

Dec 11 (Reuters) - Amtech Systems Inc ::HARBERT DISCOVERY FUND, LP REPORTS 5.2% STAKE IN AMTECH SYSTEMS AS OF DEC 2, 2019 - SEC FILING.HARBERT DISCOVERY FUND - PURCHASED SECURITIES OF AMTECH SYSTEMS BASED ON BELIEF THAT SECURITIES WERE UNDERVALUED.HARBERT DISCOVERY FUND - HAVE HAD & ANTICIPATE HAVING CONVERSATIONS WITH AMTECH REGARDING POSSIBLE WAYS TO ENHANCE SHAREHOLDER VALUE.  Full Article

Amtech Reports Fourth Quarter And Fiscal 2019 Results
Thursday, 21 Nov 2019 

Nov 21 (Reuters) - Amtech Systems Inc ::AMTECH REPORTS FOURTH QUARTER AND FISCAL 2019 RESULTS.Q4 EARNINGS PER SHARE $0.07 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE ESTIMATE $0.02 -- REFINITIV IBES DATA.SEES Q1 2020 REVENUE $16 MILLION TO $18 MILLION.QTRLY NET REVENUE $20.2 MILLION VERSUS $23.1 MILLION.Q4 REVENUE VIEW $19.2 MILLION -- REFINITIV IBES DATA.AMTECH SYSTEMS - FOR QUARTER ENDING DEC. 31, 2019, FURTHER SOFTNESS IS EXPECTED DUE TO CONTINUED TRADE TENSIONS, SEMICONDUCTOR EQUIPMENT INDUSTRY DOWNCYCLE.AMTECH SYSTEMS - CO IS IN FINAL STAGES OF PLANNED DIVESTITURE OF SOLAR BUSINESS & EXPECT TO HAVE AN ANNOUNCEMENT BEFORE 2019 YEAR-END.  Full Article

Amtech Reports Q3 Earnings Per Share $0.06 From Continuing Operations
Friday, 9 Aug 2019 

Aug 8 (Reuters) - Amtech Systems Inc ::AMTECH REPORTS THIRD QUARTER FISCAL 2019 RESULTS.Q3 EARNINGS PER SHARE $0.06 FROM CONTINUING OPERATIONS.Q3 REVENUE $21 MILLION VERSUS REFINITIV IBES ESTIMATE OF $19.7 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.03 -- REFINITIV IBES DATA.JUNE 30, 2019 BACKLOG OF $17.2 MILLION.EXPECTS CONTINUING SOFTNESS IN SEMICONDUCTOR EQUIPMENT INDUSTRY IN Q4 TO RESULT IN REVENUE IN RANGE OF $18 TO $20 MILLION.Q4 GROSS MARGIN EXPECTED TO BE IN MID TO UPPER 30% RANGE, WITH OPERATING MARGIN SLIGHTLY POSITIVE.Q4 OUTLOOK ASSUMES CONTINUED WEAKNESS IN DEMAND GIVEN SOFT BUSINESS CONDITIONS DUE TO ONGOING TRADE DISPUTE.  Full Article

Amtech Announces The Sale Of Its Solaytec Solar Business
Friday, 28 Jun 2019 

June 28 (Reuters) - Amtech Systems Inc ::PRESS RELEASE - AMTECH ANNOUNCES THE SALE OF ITS SOLAYTEC SOLAR BUSINESS.AMTECH SYSTEMS INC - AMTECH EXPECTS TO REPORT A GAIN ON SALE THIS QUARTER AND REDUCED LOSSES FROM DISCONTINUED OPERATIONS BEGINNING IN FOURTH FISCAL QUARTER..AMTECH SYSTEMS INC - AMTECH EXPECTS TO REPORT A GAIN ON SALE THIS QUARTER.  Full Article

Amtech Reports Q1 Loss Of $0.17 Per Share
Friday, 8 Feb 2019 

Feb 7 (Reuters) - Amtech Systems Inc ::AMTECH REPORTS FIRST QUARTER FISCAL 2019 RESULTS.Q1 LOSS PER SHARE $0.17.Q1 REVENUE $29.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $27.7 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $-0.20 -- REFINITIV IBES DATA.AT DECEMBER 31, 2018, TOTAL BACKLOG WAS $41.3 MILLION COMPARED TO TOTAL BACKLOG OF $51.1 MILLION AT SEPTEMBER 30, 2018.COMPANY EXPECTS REVENUES FOR QUARTER ENDING MARCH 31, 2019 TO BE IN RANGE OF $27 TO $29 MILLION.EXPECTS REVENUES FOR THE QUARTER ENDING MARCH 31, 2019 TO BE IN THE RANGE OF $27 MILLION TO $29 MILLION.AMTECH SYSTEMS - GROSS MARGIN FOR QUARTER ENDING MARCH 31, 2019 EXPECTED TO BE IN MID TO UPPER 20 PERCENT RANGE, WITH OPERATING MARGIN EXPECTED TO REMAIN NEGATIVE.  Full Article