Amtech Systems, Inc. ( (ASYS) ) has released its Q3 earnings. Here is a breakdown of the information Amtech Systems, Inc. presented to its investors.
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Amtech Systems, Inc. is a company that manufactures equipment and consumables for semiconductor fabrication and packaging, serving industries worldwide with a focus on advanced semiconductor technologies. In its third quarter fiscal 2025 earnings report, Amtech Systems, Inc. announced a net revenue of $19.6 million, marking a 26% increase from the previous quarter, with a GAAP net income of $0.1 million. The company reported a strong performance in its Thermal Processing Solutions and Semiconductor Fabrication Solutions segments, driven by demand in the advanced packaging market and a stabilization in the mature-node semiconductor market. Key financial metrics included a non-GAAP net income of $0.9 million and an adjusted EBITDA of $2.2 million, with customer orders totaling $21.7 million and a backlog of $21.2 million. Despite a 27% revenue decrease compared to the same period last year, the company benefited from operational optimizations and an Employee Retention Credit refund, which improved gross margins. Looking forward, Amtech Systems anticipates revenues between $17 to $19 million for the fourth quarter, with growth in AI-related equipment sales expected to offset continued softness in mature node semiconductor product lines. The company remains focused on cost optimization and operational efficiency to enhance profitability.