---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-001214"
form_type: "8-K"
ticker: "ASYS"
cik: "0000720500"
company_name: "AMTECH SYSTEMS INC"
filed_at: "2022-02-14T23:59:59+00:00"
generated_at: "2026-06-27T08:36:55.348243+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Amtech Q1 revenue $27.3M (+52% YoY), record backlog $48.5M, approves $5M stock buyback

## Summary
- Net revenue $27.3M, up 52% YoY and 12% sequentially; net income $1.0M ($0.07 diluted EPS).
- Customer orders $31.6M with book-to-bill 1.2:1; backlog $48.5M record, more than 2.5x prior year.
- Board authorizes $5M stock repurchase program over one year starting February 16, 2022.
- Q2 FY2022 guidance: revenue $26-28M, gross margin ~40%, operating margin upper single digits.
- Repurchased 291,383 shares for $2.7M in Q1; unrestricted cash $32.2M.

## SEC filing metadata
- accession: 0000950170-22-001214
- form_type: 8-K
- ticker: ASYS
- cik: 0000720500
- company_name: AMTECH SYSTEMS INC
- filed_at: 2022-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720500/000095017022001214/0000950170-22-001214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720500/000095017022001214/asys-20220210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-001214
- JSON: https://secwatch.observer/filing/0000950170-22-001214.json
- Plain text: https://secwatch.observer/filing/0000950170-22-001214.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.