Amtech Systems Inc (ASYS) Q4 2024 Earnings Call Highlights: Strategic Restructuring and Growth ... [Yahoo! Finance]
Amtech Systems, Inc. (ASYS)
Last amtech systems, inc. earnings: 2/6 04:10 pm
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amtechsystems.com/investors.shtml
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Source: Yahoo! Finance
Amtech Systems Inc ( NASDAQ:ASYS ) achieved $4 million in adjusted EBITDA profit in fiscal year 2024, up from $1.8 million in fiscal year 2023. The company implemented a restructuring plan resulting in $7 million of annualized operating savings. Sales of consumable products at PR Hoffman surged by 28% year over year. Amtech Systems Inc ( NASDAQ:ASYS ) paid off its debt, ending the year with a cash balance exceeding $11 million. The company is focusing on sustainable long-term growth with recurring revenue streams such as consumables, parts, and services. Overall revenue was down 11% year over year in fiscal year 2024. Net revenues for the fourth quarter decreased 10% sequentially and 13% from the fourth quarter of fiscal 2023. The semiconductor market slowdown led to lower sales across most of the product portfolio. GAAP net loss for the fourth quarter of fiscal 2024 was $0.5 million, compared to a net income of $0.4 million in the preceding quarter. The near-term o
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ASYS
News
- Amtech Systems Full Year 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Semiconductor Manufacturing Stocks Q3 Teardown: Amtech (NASDAQ:ASYS) Vs The Rest [Yahoo! Finance]Yahoo! Finance
- Why Amtech (ASYS) Stock Is Trading Lower Today [Yahoo! Finance]Yahoo! Finance
- Amtech Systems (ASYS) Reports Break-Even Earnings for Q4 [Yahoo! Finance]Yahoo! Finance
- Amtech (NASDAQ:ASYS) Q3: Beats On Revenue But Stock Drops 11.3% [Yahoo! Finance]Yahoo! Finance
ASYS
Earnings
- 12/9/24 - Beat
ASYS
Sec Filings
- 12/13/24 - Form 4
- 12/12/24 - Form 10-K
- 12/9/24 - Form 8-K
- ASYS's page on the SEC website