---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-009331"
form_type: "8-K"
ticker: "ASYS"
cik: "0000720500"
company_name: "AMTECH SYSTEMS INC"
filed_at: "2022-05-11T23:59:59+00:00"
generated_at: "2026-06-25T21:17:27.644857+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Amtech Q2 rev $28.6M, EPS $0.14; Q3 guide $14-16M on Shanghai closure

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-22-009331
- form_type: 8-K
- ticker: ASYS
- cik: 0000720500
- company_name: AMTECH SYSTEMS INC
- filed_at: 2022-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720500/000095017022009331/0000950170-22-009331-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720500/000095017022009331/asys-20220511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-009331
- JSON: https://secwatch.observer/filing/0000950170-22-009331.json
- Plain text: https://secwatch.observer/filing/0000950170-22-009331.txt

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