Earnings ·
Amtech Systems reported fiscal third quarter results ending June 30, 2026, with net revenue of $22.4 million, a 14.5%…
ASYSAmtech Systems Inc
Amtech Systems reported fiscal third quarter results ending June 30, 2026, with net revenue of $22.4 million, a 14.5% increase year-over-year, driven by strong demand in its Thermal Processing Solutions segment. The company achieved GAAP net income of $1.7 million and non-GAAP net income of $2.4 million, while cash balances rose to $83.1 million following the receipt of $56.5 million in net proceeds from a public equity offering completed in June 2026. Customer orders increased to $28.8 million against a backlog of $28.7 million at quarter-end. The company provided fourth-quarter revenue guidance between $22.5 million and $24.0 million, anticipating continued strength in AI-related equipment demand. Amtech Systems manufactures equipment and consumables for AI semiconductor device packaging and advanced substrate fabrication.