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

Amtech Systems (NASDAQ:ASYS) issued its earnings results on Thursday. The semiconductor company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.06), Zacks reports. The company had revenue of $18.97 million during the quarter, compared to analyst estimates of $19.25 million. Amtech Systems had a negative return on equity of 0.75% and a negative net margin of 38.21%.

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 Trading Down 30.7%

ASYS stock traded down $4.87 during trading hours on Friday, hitting $11.01. 1,151,646 shares of the stock traded hands, compared to its average volume of 481,858. The stock has a 50-day simple moving average of $13.15 and a 200 day simple moving average of $9.25. The company has a market cap of $158.47 million, a P/E ratio of -5.17 and a beta of 1.67. Amtech Systems has a one year low of $3.20 and a one year high of $18.59.

More Amtech Systems News

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

• Positive Sentiment: Company reported margin expansion, positive cash from operations and small GAAP/non‑GAAP net income for the quarter — evidence of improving underlying profitability and cash generation. Amtech Reports Fiscal 2026 First Quarter Results
• Neutral Sentiment: Management issued initial Q2 fiscal‑2026 revenue guidance of $19.0M–$21.0M (consensus ~$19.5M); guidance shows a range that overlaps expectations but leaves room for upside or downside depending on execution. Press Release / Guidance
• Neutral Sentiment: Earnings‑call transcripts and analyst discussion are available — they may give more color on backlog, end‑market demand (AI packaging/substrate equipment) and timing of orders, which will influence near‑term revenue visibility. Earnings Call Transcript (Seeking Alpha)
• Negative Sentiment: Reported EPS came in below consensus (company missed the ~$0.07 estimate) and reported revenue was roughly $19M — slightly under analyst forecasts — which directly prompted investor disappointment. ASYS Lags Q1 Earnings and Revenue Estimates
• Negative Sentiment: Markets reacted sharply — coverage notes a double‑digit/large percentage intraday selloff and elevated volume following the miss, signaling reduced near‑term sentiment and higher volatility. ASYS Stock Plunges 27% After Q1 Earnings & Revenues Miss Estimates

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Amtech Systems in a research note on Wednesday, January 21st. Benchmark restated a “hold” rating on shares of Amtech Systems in a research report on Tuesday, December 2nd. Zacks Research upgraded Amtech Systems from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 16th. Finally, Wall Street Zen raised Amtech Systems from a “buy” rating to a “strong-buy” rating in a research note on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Hedge Funds Weigh In On Amtech Systems

Hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC lifted its stake in Amtech Systems by 39.6% during the third quarter. Citadel Advisors LLC now owns 78,454 shares of the semiconductor company’s stock valued at $726,000 after purchasing an additional 22,260 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Amtech Systems during the 3rd quarter valued at $1,689,000. Vanguard Group Inc. boosted its stake in shares of Amtech Systems by 2.6% during the 3rd quarter. Vanguard Group Inc. now owns 676,006 shares of the semiconductor company’s stock worth $6,260,000 after acquiring an additional 17,099 shares in the last quarter. Millennium Management LLC acquired a new position in shares of Amtech Systems in the 3rd quarter worth $111,000. Finally, Brevan Howard Capital Management LP acquired a new position in shares of Amtech Systems in the 3rd quarter worth $167,000. Institutional investors and hedge funds own 50.21% of the company’s stock.

Amtech Systems Company Profile

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.