Industry Dynamics - The semiconductor equipment industry is highly cyclical and volatile, with demand and profitability subject to significant fluctuations due to various factors [100]. - The company faces intense competition from larger manufacturers with greater resources, which may hinder its ability to compete effectively [103]. - Competition from Asian suppliers presents challenges due to their lower operating costs and favorable government policies, impacting the company's market position [126]. - The company may encounter difficulties in managing business cycles, impacting its ability to capitalize on market opportunities [109]. - Uncertain global economic conditions, including slowing growth in major economies, may lead to reduced customer orders and negatively affect net sales and backlog [130]. Customer Concentration and Revenue Sources - As of September 30, 2024, one customer represented 12% of accounts receivable, indicating a concentration risk that could impact financial stability [120]. - In 2024, 59% of net revenue came from international customers, with Asia contributing 43% (including China at 20%) and Europe at 16% [125]. - The company relies on a limited number of customers and products, making it vulnerable to revenue fluctuations if major customers are lost [119]. Financial Risks and Management - The company terminated its existing credit facility in September 2024, raising concerns about future access to financing [105]. - The company actively monitors credit risk by requiring significant partial payments and letters of credit from certain customers [120]. - The company maintains cash deposits exceeding federally insured limits, which poses liquidity risks in the event of bank failures or adverse developments in financial institutions [140]. - The company is exposed to risks from currency fluctuations, which could materially affect future financial performance despite not having been significantly impacted in the past [129]. - The company is monitoring the impact of U.S. export control restrictions, particularly those affecting its operations in China, which could significantly harm its business if further restrictions are imposed [164]. Operational Challenges - Manufacturing interruptions or delays could lead to increased costs and affect the ability to meet customer demand [122]. - Inventory management is critical, as excess inventory could lead to obsolescence and reduced liquidity, while insufficient inventory may result in lost sales [131]. - The company relies on a diverse supplier base, but disruptions or quality issues from key suppliers could increase operating costs and impact product competitiveness [133]. Regulatory and Compliance Risks - Regulatory changes, particularly related to cybersecurity and climate disclosures, may increase compliance costs and legal risks for the company [146]. - The company is subject to various international laws and regulations, including anti-corruption laws, which could result in significant legal and financial consequences if violated [151]. - The company faces inherent risks related to anti-corruption and anti-bribery laws, which could expose it to liabilities for the actions of its employees and business partners [153]. - The company is subject to various environmental laws and regulations, which may result in material costs for compliance and liabilities for past contamination [156]. Product and Innovation Risks - The company must continually innovate to keep pace with rapid technological changes in the semiconductor industry, which requires significant investment in research and development [173]. - The company has made significant investments in its intellectual property, but faces risks from potential violations by third parties, which could lead to costly litigation [174]. - The company’s ability to protect its proprietary rights is challenged by the lengthy and costly patent process, and the expiration of certain patents may diminish its competitive advantage [176]. - Intellectual property infringement claims could lead to substantial damages, including treble damages if willful infringement is found, impacting the company's financial condition [179]. Shareholder and Governance Issues - Shareholder activists may disrupt business operations and increase costs related to legal and administrative expenses, potentially affecting strategic direction [185]. - Provisions in corporate governing documents may deter takeovers and limit shareholder influence over management changes, impacting corporate governance [187]. - Arizona law may further complicate business combinations with interested shareholders, potentially delaying changes in control [188]. - The company is electing scaled disclosure reporting obligations as a smaller reporting company, limiting the information provided about market risks [286]. Warranty and Product Reliability - As of September 30, 2024, the company's accrued warranty costs amounted to $0.6 million, down from $1.0 million in 2023, indicating potential concerns regarding product reliability [165]. - The company may face challenges in meeting customer demands for social and environmental responsibility, which could impact sales and operating results [170]. - The company has no reserves for potential environmental liabilities, which could result in significant future expenditures [158]. Market Volatility - The common stock price has experienced significant volatility, ranging from $11.98 to $3.37 over the two-year period ending September 30, 2024 [180]. - The company faces risks from speculation in the press and investment community, which can affect stock price due to competition and external factors like tariffs and pandemics [181].

EXHIBIT 99.1 Amtech Reports Fourth Quarter and Year End Fiscal 2024 Results TEMPE, Ariz., December 9, 2024 -- Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its fourth quarter and fiscal year ended September 30, 2024. Fourth Quarter Fiscal 2024 Financial and Operational Results: | --- | --- | |--------|----------------------------------------------------------| | | | | • | Net revenue of $24. ...

Amtech Systems (ASYS) shares have gained 47.9% year to date (YTD), outperforming the Zacks Computer and Technology Sector and S&P 500 index’s return of 17.6% and 16.2%, respectively, YTD.ASYS has also outperformed its Zacks Semiconductor - General industry peers, including Texas Instruments (TXN) , STMicroelectronics (STM) and Intel (INTC) . Shares of Texas Instruments have gained 18.8% YTD. Shares of STMicroelectronics and Intel have plunged 43.5% and 60.9% in the same time frame.The outperformance of ASYS ...

Amtech Systems (ASYS) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of a loss of $0.05 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 260%. A quarter ago, it was expected that this provider of equipment for solar panel and semiconductor makers would post a loss of $0.11 per share when it actually produced a loss of $0.01, delivering a su ...

EXHIBIT 99.1 Amtech Reports Third Quarter 2024 Results TEMPE, Ariz., August 7, 2024 -- Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for 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 (1) • GAAP ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File Number: 0-11412 AMTECH SYSTEMS, INC. (Exact name of registrant as specified in its charter) | --- | --- | ...

Amtech Systems, Inc. (ASYS) is slated to release third-quarter fiscal 2024 results on Aug 7.For the fiscal third quarter, Amtech anticipates revenues between $22 million and $25 million. The Zacks Consensus Estimate is currently pegged at $24 billion, which indicates a plunge of 21.9% from the year-ago reported figure.Further, the consensus mark for the third-quarter bottom line is pegged at a loss of 5 cents per share. This compares unfavorably with the year-ago quarter’s earnings of 2 cents per share.The ...

Amtech Systems (ASYS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Amtech Systems (ASYS) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Amtech Systems is a member of the Computer and Technology sector. This group includes 618 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measu ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 21:Amtech Systems, Inc. (ASYS) : This semiconductor equipment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 70.6% over the last 60 days.Amtech's shares gained 13.1% over the last three months compared with the S&P 500’s advanced of 4.6%. The company possesses a Momentum Score of B.Futu Holdings Limited (FUTU) : This company which prov ...