---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-002154"
form_type: "8-K"
ticker: "ASYS"
cik: "0000720500"
company_name: "AMTECH SYSTEMS INC"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T22:08:49.716315+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Amtech Q1 net loss $0.20 per share; revenue $21.6M, down 19% YoY; guides Q2 rev $30-32M

## Summary
- Q1 fiscal 2023 net loss $2.7M ($0.20 diluted loss); operating loss of $2.7M includes $1.4M acquisition costs and $0.4M severance.
- Net revenue $21.6M, down 33% sequentially and 19% YoY due to lower semiconductor equipment shipments.
- Customer orders of $25.2M, book-to-bill 1.2:1, backlog $54.5M; demand for EV applications robust.
- Q2 fiscal 2023 guidance: revenue $30-32M, operating margin low single digits excluding ~$1.1M acquisition costs.
- Board authorized up to $5M stock repurchase program over one year starting Feb 10, 2023.

## SEC filing metadata
- accession: 0000950170-23-002154
- form_type: 8-K
- ticker: ASYS
- cik: 0000720500
- company_name: AMTECH SYSTEMS INC
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/720500/000095017023002154/0000950170-23-002154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720500/000095017023002154/asys-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-002154
- JSON: https://secwatch.observer/filing/0000950170-23-002154.json
- Plain text: https://secwatch.observer/filing/0000950170-23-002154.txt

## Key facts
- Earnings Releases
  AMTECH SYSTEMS INC reported the first quarter ended December 31, 2022 results: revenue $21.6 million, net income $2.7 million, EPS $0.20.
  - Period: the first quarter ended December 31, 2022
  - Revenue: $21.6 million
  - Net income: $2.7 million
  - EPS: $0.20
  - Result: reported results
  source text: (CleanTech) applications, today reported results for its first quarter ended December 31, 2022. First Quarter Fiscal 2023 Financial and Operational Highlights: • Net revenue of $21.6 million • Operating loss of $2.7 million, inclusive of $1.4 million in acquisition costs and $0.4 million in severance expenses • Net loss of $2.7 million • Net loss per diluted share of
  evidence_url: https://www.sec.gov/Archives/edgar/data/720500/000095017023002154/0000950170-23-002154-index.htm

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