earnings
confidence high
sentiment negative
materiality 0.75
Amtech Q2 rev $28.6M, EPS $0.14; Q3 guide $14-16M on Shanghai closure
AMTECH SYSTEMS INC
2022-Q2 EPS reported
$0.21
revenue$55,908,000
- Net revenue $28.6M (+44% YoY); net income $2.0M ($0.14 diluted) vs loss of $0.2M year ago.
- Customer orders $33.7M, book-to-bill 1.2:1; backlog $53.6M.
- Q3 fiscal 2022 outlook: revenue $14-16M, upper 20% gross margin, negative operating margin due to Shanghai COVID closure.
- BTU headquarters sale for $21.5M expected to close June; after-tax gain ~$11-12M, net cash inflow $15-16M.
- Robert Daigle appointed Chairman, succeeding founder Jong Whang; board adopted clawback policy and stock ownership guidelines.