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-0.019047619047619 -0.019047619047619 -0.019047619047619 -0.019047619047619 -0.019047619047619 0.0495238095238097 0.0495238095238097 0.0495238095238097
Stock impact report

Amtech Reports Third Quarter 2024 Results [Yahoo! Finance]

Amtech Systems, Inc. (ASYS) 
Last amtech systems, inc. earnings: 2/6 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: amtechsystems.com/investors.shtml
Company Research Source: Yahoo! Finance
semiconductor fabrication and packaging, today reported results for its third quarter ended June 30, 2024. Third Quarter Fiscal 2024 Financial and Operational Results: Net revenue of $26.7 million GAAP operating income of $0.8 million Net cash position of $8.9 million Non-GAAP operating income of $1.5 million GAAP net income of $0.4 million Non-GAAP net income of $1.1 million Customer orders of $18.8 million Backlog of $31.8 million (1) See GAAP to non-GAAP reconciliation in schedules following this release. "In the third quarter we continued to align our cost structure with current market conditions and lay the foundation for meaningful operating leverage as our markets recover. Revenue of $26.7 million exceeded the high-end of our guidance range, and we achieved adjusted EBITDA of $2.3 million. This is the third consecutive quarter of positive adjusted EBITDA and operating cash flow. I am pleased that we are seeing the financial benefits of the approximately $7 Show less Read more
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