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Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment, consumables and services for semiconductor device packaging, wafer production and device fabrication, today announced the closing of its oversubscribed underwritten public offering of 2,926,829 shares of common stock, at a public offering price of $20.50 per share, for total gross proceeds of $60 million before deducting underwriting discounts, commissions, and offering expenses. The closing of the offering occurred today, June 3, 2026. The Company intends to use the net proceeds from the offering to accelerate growth across its semiconductor packaging and advanced wafer substrate fabrication platforms, accretive me
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment, consumables and services for semiconductor device packaging, wafer production and device fabrication, today announced the pricing of its oversubscribed underwritten public offering of 2,926,829 shares of its common stock, at a public offering price of $20.50 per share, for total gross proceeds of approximately $60 million, before deducting underwriting discounts, commissions, and offering expenses. The offering is expected to close on or about June 3, 2026, subject to customary closing conditions. The Company intends to use the net proceeds from the offering to accelerate growth across its semiconductor packaging
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment, consumables and services for semiconductor device packaging, wafer production and device fabrication, today announced that it is commencing an underwritten public offering of shares of its common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the net proceeds from this offering to accelerate growth across its semiconductor packaging and advanced wafer substrate fabrication platforms, accretive merger and acquisition opportunities, working capital and
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
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AI Product Demand Drives 31% Growth in Net Revenues from Prior Year Net Income Increased $1.1 Million from 1Q26, Driven by 297 bps Increase in Gross Margin Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables enabling AI semiconductor device packaging and advanced substrate fabrication, today reported results for its second quarter ended March 31, 2026. Fiscal 2026 Second Quarter Financial and Operational Results: Net revenue of $20.5 million Cash of $24.4 million Cash provided by operations of $2.1 million GAAP net income of $1.2 million Non-GAAP net income of $1.5 million(1) Adjusted EBITDA $2.5 million (1) Customer orders o
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables enabling AI semiconductor device packaging and advanced substrate fabrication, will announce financial results for its fiscal 2026 second quarter ended March 31, 2026 on May 7, 2026 after market close. Amtech Systems will host a conference call at 5:00 pm ET on May 7, 2026 to discuss fiscal 2026 second quarter financial results. The call will be available to interested parties by dialing 1-412-317-6060. A live webcast of the conference call will be available in the Investor Relations section of Amtech's website at: https://www.amtechsystems.com/investors/events. A replay of the webcast will be avail
AI Product Demand Continues to be Strong Quarterly Orders Exceed Revenues Operating Cash Flow Jumps 43% from 1Q25 Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables enabling AI semiconductor device packaging and advanced substrate fabrication, today reported results for its first quarter ended December 31, 2025. Fiscal 2026 First Quarter Financial and Operational Results: Net revenue of $19.0 million Cash of $22.1 million Cash provided by operations of $4.1 million GAAP net income of $0.1 million Non-GAAP net income of $0.4 million(1) Adjusted EBITDA $1.4 million (1) Customer orders of $20.7 million Backlog of $21.6 million
Amtech Systems, Inc. ("Amtech") (NASDAQ:ASYS), a manufacturer of equipment and consumables enabling AI semiconductor device packaging and advanced substrate fabrication, today announced the appointment of Mr. Guy Shechter as the Company's President and Chief Operating Officer, effective May 19, 2026, reporting to the Chief Executive Officer of the Company. "I am pleased to announce that Guy Shecter will be joining Amtech in a newly created President and Chief Operating Officer role," said Mr. Bob Daigle, Chief Executive Officer of Amtech. "Guy has held various commercial and general management roles with semiconductor equipment and advanced packaging equipment companies and has a proven t
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
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