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05.08.25 - 15:03
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Amtech Software Appoints Packaging Industry Veteran Billy Medof to Board of Directors (Business Wire)
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FORT WASHINGTON, Pa.--(BUSINESS WIRE)--Amtech Software, a leading provider of ERP and manufacturing execution software for the packaging industry, today announced the appointment of Billy Medof to its Board of Directors.
Medof brings more than two decades of leadership experience in packaging, procurement, and operations. He currently serves as an Operating Partner at Altamont Capital Partners, focused on supporting investments in the packaging sector.
“Billy brings a rare combination of hands-on industry knowledge, commercial insight, and leadership experience,” said Chuck Schneider, CEO of Amtech Software. “His experience speaks for itself, and we're excited to have his voice at the table as we continue building the next generation of software for the packaging industry.”
Medof previously served as CEO of Procure Analytics, a group purchasing organization serving over 1,000 member companies, and as President of Georgia-Pacific Corrugated, where he also led the company's national Sheet Feeder b...
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04.08.25 - 14:06
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Amtech Systems to Announce Fiscal Third Quarter 2025 Financial Results on Wednesday, August 6, 2025 (Business Wire)
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TEMPE, Ariz.--(BUSINESS WIRE)--Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its fiscal third quarter 2025 financial results for the period ended June 30, 2025, on Wednesday, August 6, 2025, after market close.
The company will host a conference call to discuss these results at 5:00 pm ET on Wednesday, August 6, 2025. Robert Daigle, Chief Executive Officer, and Wade Jenke, Chief Financial Officer, will provide an overview of the quarter, discuss current business conditions, and conduct a question-and-answer session.
The call will be available live, by dialing +1-800-717-1738. For international callers, please dial +1-646-307-1865. Please join the event 5-10 minutes prior to the scheduled start time. A live webcast of the conference call will be available in the investor relations section of the Company's website at: https://www.amtechsystems.com/investors/events. A replay of the webcast will be availa...
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16.06.25 - 14:06
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Amtech Software Announces Strategic Growth Investment from Vista Equity Partners (Business Wire)
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Partnership to Accelerate Innovation and Global Expansion for Leading Packaging Software ProviderFORT WASHINGTON, Pa.--(BUSINESS WIRE)--#AmtechSoftware--Amtech Software, a leading provider of enterprise software for the packaging industry, today announced a strategic growth investment from Vista Equity Partners (“Vista”), a global technology investor that specializes in enterprise software. The investment will support Amtech's continued innovation across its suite of enterprise resource planning (ERP), manufacturing execution systems (MES) and automation solutions and accelerate its mission to digitally transform the global packaging industry.
Amtech's integrated software platform enables packaging manufacturers to manage and automate mission-critical operations—from order entry and production planning to inventory management, equipment maintenance, and real-time performance analytics. Purpose-built for packaging manufacturers in the corrugated, folding carton, flexible packaging and label markets...
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12.05.25 - 22:09
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Amtech Reports Second Quarter Fiscal 2025 Results (Business Wire)
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TEMPE, Ariz.--(BUSINESS WIRE)--Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its second quarter ended March 31, 2025.
Second Quarter Fiscal 2025 Financial and Operational Results:
Net revenue of $15.6 million
Cash of $13.4 million
Cash provided by operations of $0.2 million
GAAP net loss of $31.8 million
Non-GAAP net loss of $2.3 million(1)
Adjusted EBITDA of ($1.4) million (1)
Customer orders of $15.7 million
Backlog of $19.1 million
(1) See GAAP to non-GAAP and EBITDA and Adjusted EBITDA reconciliation in schedules following this release.
“Results for the second quarter fell short of expectations, with revenue and adjusted EBITDA coming in below guidance due to the delayed shipment of a horizontal diffusion furnace. In addition, the prolonged downturn for capital equipment serving our mature node semiconductor customers resulted in non-cash asset impairments and inventory wri...
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09.05.25 - 14:06
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Amtech Systems to Announce Fiscal Second Quarter 2025 Financial Results on Monday, May 12, 2025 (Business Wire)
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TEMPE, Ariz.--(BUSINESS WIRE)--Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, will announce its fiscal second quarter 2025 financial results for the period ended March 31, 2025, on Monday, May 12, 2025, after market close.
The company will host a conference call to discuss these results at 5:00 pm ET on Monday, May 12, 2025. Robert Daigle, Chief Executive Officer, and Wade Jenke, Chief Financial Officer, will provide an overview of the quarter, discuss current business conditions, and conduct a question-and-answer session.
The call will be available live, by dialing +1-800-717-1738. For international callers, please dial +1-646-307-1865. Please join the event 5-10 minutes prior to the scheduled start time. A live webcast of the conference call will be available in the investor relations section of the Company's website at: https://www.amtechsystems.com/investors/events. A replay of the webcast will be available in t...
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09.04.25 - 22:09
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Amtech Provides Second Quarter Fiscal 2025 Financial Guidance Update (Business Wire)
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TEMPE, Ariz.--(BUSINESS WIRE)--Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, provided a business update for the second quarter which ended on March 31st, 2025.
Amtech's Thermal Processing Solutions Segment experienced a customer dispute during its fiscal second quarter. The dispute involves a previously cancelled order and resulted in the shipping delay of a separate order in the amount of approximately $4.9 million. While the matter is ongoing, the Company believes that the equipment will ship once this matter is resolved. The Company also experienced weaker demand in the Semiconductor Fabrication Solutions Segment during the second quarter due to continued softening of the mature node semiconductor industry, which includes silicon carbide.
As a result of these challenges in the second quarter, the Company now expects second quarter revenues in the range of $15 - $16 million, and nominally negative adjus...
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