AI Packaging Equipment Bookings Surge
Orders for advanced packaging equipment, particularly for AI applications, were very strong, with second-quarter bookings exceeding total bookings for all of fiscal 2024.
Cost Structure Optimization
The company executed site consolidations and workforce adjustments, expecting $1 million in incremental EBITDA savings per quarter from Q4 2025, with total annualized savings anticipated at $11 million.
Strong Cash Position
Amtech ended the quarter with $13.4 million in cash and no outstanding debt, providing flexibility for strategic investments.
Growth in Semiconductor Fabrication Solutions
Stabilization in the Semiconductor Fabrication Solutions segment was noted, with a book-to-bill ratio slightly above 1, indicating balanced incoming orders and revenue.