---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-055712"
form_type: "8-K"
ticker: "ASYS"
cik: "0000720500"
company_name: "AMTECH SYSTEMS INC"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T14:36:58.724249+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Amtech Q2 revenue $25.4M exceeds guidance; non-GAAP net loss $0.2M

## Summary
- Revenue of $25.4M exceeded high-end of guidance, down 24% YoY from $33.3M.
- GAAP net income $1.0M ($0.07 diluted EPS) vs prior Q $9.4M loss; non-GAAP net loss $0.2M (-$0.01).
- Customer orders $19.8M; backlog $44.3M. Sold HQ for $2.5M net proceeds, gain $2.2M.
- Debt payments of $6.4M; net cash $8.8M at quarter end.
- Gross margin contracted to 33.2% from 40.4% a year ago due to product mix and material costs.

## SEC filing metadata
- accession: 0000950170-24-055712
- form_type: 8-K
- ticker: ASYS
- cik: 0000720500
- company_name: AMTECH SYSTEMS INC
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720500/000095017024055712/0000950170-24-055712-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720500/000095017024055712/asys-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-055712
- JSON: https://secwatch.observer/filing/0000950170-24-055712.json
- Plain text: https://secwatch.observer/filing/0000950170-24-055712.txt

## Key facts
- Earnings Releases
  AMTECH SYSTEMS INC reported second quarter ended March 31, 2024 results: revenue $25.4 million, net income GAAP net income of $1.0 million, EPS 7 cents per share.
  - Period: second quarter ended March 31, 2024
  - Revenue: $25.4 million
  - Net income: GAAP net income of $1.0 million
  - EPS: 7 cents per share
  - Result: reported results
  source text: manufacturing applications, today reported results for its second quarter ended March 31, 2024. Second Quarter Fiscal 2024 Financial and Operational Results: • Net revenue of $25.4 million • GAAP operating income of $1.4 million • Net proceeds of $2.5 million from sale of corporate headquarters building • Debt payments of $6.4 million, ending the quarter with net
  evidence_url: https://www.sec.gov/Archives/edgar/data/720500/000095017024055712/0000950170-24-055712-index.htm

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