Amtech Systems (NASDAQ:ASYS) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Amtech Systems (NASDAQ:ASYS) released its quarterly earnings results on Thursday. The semiconductor company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.06), Zacks reports. Amtech Systems had a negative net margin of 41.28% and a negative return on equity of 1.55%. The firm had revenue of $18.97 million for the quarter, compared to the consensus estimate of $19.25 million.

Here are the key takeaways from Amtech Systems’ conference call:

• Revenue was $19 million (midpoint) with a 1.1 book-to-bill and AI-related products driving roughly 35% of TPS revenue, giving improved near-term visibility and expected continued AI demand into Q3–Q4.
• The company received initial orders for panel-level packaging equipment and is processing samples for next‑generation high-density packaging, which management says could materially expand the addressable market (meaningful demand likely beyond 2026).
• SFS recorded its first specialty‑chemicals win for a medical‑device semiconductor application and reports a strong pipeline, but weakness at PR Hoffman (mature‑node and SiC customer pressure) offset some SFS gains this quarter.
• Operational improvements produced the ninth consecutive quarter of positive operating cash flow ($4.1M), cash of $22.1M with no debt, improved gross margin to 44.8%, and an asset‑light model with expected capex under $1M.
• GAAP net income was only $0.1M and the reported tax rate was elevated (~83%) due to a valuation allowance on U.S. deferred tax assets, creating potential volatility in reported earnings per share.

Amtech Systems Price Performance

Shares of NASDAQ ASYS opened at $11.12 on Friday. The stock has a market capitalization of $160.13 million, a PE ratio of -5.20 and a beta of 1.67. Amtech Systems has a one year low of $3.20 and a one year high of $18.59. The business’s fifty day moving average price is $13.22 and its 200-day moving average price is $9.29.

Hedge Funds Weigh In On Amtech Systems

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ASYS. Citadel Advisors LLC lifted its stake in shares of Amtech Systems by 39.6% during the 3rd quarter. Citadel Advisors LLC now owns 78,454 shares of the semiconductor company’s stock valued at $726,000 after buying an additional 22,260 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Amtech Systems in the 3rd quarter valued at approximately $1,689,000. Vanguard Group Inc. raised its holdings in Amtech Systems by 2.6% during the 3rd quarter. Vanguard Group Inc. now owns 676,006 shares of the semiconductor company’s stock valued at $6,260,000 after acquiring an additional 17,099 shares during the period. Acadian Asset Management LLC lifted its position in shares of Amtech Systems by 90.8% during the first quarter. Acadian Asset Management LLC now owns 42,584 shares of the semiconductor company’s stock worth $204,000 after acquiring an additional 20,264 shares in the last quarter. Finally, NewEdge Advisors LLC bought a new position in shares of Amtech Systems in the third quarter worth $135,000. Institutional investors own 50.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ASYS shares. Benchmark reaffirmed a “hold” rating on shares of Amtech Systems in a report on Tuesday, December 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Amtech Systems in a research report on Wednesday, January 21st. Zacks Research raised Amtech Systems from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 16th. Finally, Wall Street Zen cut Amtech Systems from a “buy” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Amtech Systems News Roundup

Here are the key news stories impacting Amtech Systems this week:

• Positive Sentiment: Management highlighted strong AI-driven demand for packaging and substrate equipment and noted margin expansion in the quarter, which could support better future profitability. Amtech Q1 Highlights
• Positive Sentiment: Company reported a healthy cash position (about $22.1M) and positive cash from operations ($4.1M) for the quarter, which provides liquidity to navigate near-term volatility. Business Wire: Q1 Results
• Neutral Sentiment: Company issued initial Q2 revenue guidance in a $19.0M–$21.0M range (consensus roughly $19.5M) — guidance is near consensus but leaves limited upside if revenue falls to the low end. Q2 Guidance Document
• Neutral Sentiment: Multiple call transcripts and summaries are available for investors who want management commentary and detail on AI demand, backlog and product mix. Earnings Call Transcript (Seeking Alpha)
• Negative Sentiment: Reported Q1 EPS came in below consensus (company-quarter EPS ~ $0.01–$0.03 vs. est. ~$0.07) and revenue was about $19.0M vs. estimates near $19.2–$19.5M — the misses triggered a sharp selloff. Zacks: Q1 Miss
• Negative Sentiment: Market reaction: the stock experienced heavy volume and a large intraday decline as investors sold on the earnings/revenue miss despite some positive commentary — this indicates short-term sentiment has turned negative. Zacks: Stock Plunges After Q1

About Amtech Systems

Amtech Systems, Inc is a global supplier of capital equipment and aftermarket parts for the solar photovoltaic and semiconductor industries. The company’s solutions support key steps in wafer and cell production, offering both new machinery and spares designed to optimize yield, throughput and energy efficiency. Amtech operates through two primary segments: solar manufacturing and semiconductor & electronics packaging.

In its solar segment, Amtech provides diffusion furnaces, epitaxy reactors and plasma-enhanced chemical vapor deposition (PECVD) systems used in high-volume solar cell fabrication.