secwatch.observer — SEC 8-K summary
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Issuer:     AMTECH SYSTEMS INC (ASYS)
CIK:        0000720500
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0000950170-23-002154
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720500/000095017023002154/0000950170-23-002154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720500/000095017023002154/asys-20230207.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-002154

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