---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-092969"
form_type: "8-K"
ticker: "ASYS"
cik: "0000720500"
company_name: "AMTECH SYSTEMS INC"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:57:20.115495+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Amtech Q3 revenue $26.7M, GAAP net income $0.4M; CFO Gibbs resigns, Jenke appointed

## Summary
- Revenue $26.7M, up 5% sequentially, down 13% YoY; GAAP EPS $0.03, non-GAAP EPS $0.08.
- GAAP operating income $0.8M; non-GAAP operating income $1.5M; adjusted EBITDA $2.3M.
- Cash $13.2M, net cash $8.9M; backlog $31.8M.
- CFO Lisa Gibbs resigns effective Aug 7, 2024; Wade Jenke appointed CFO effective Aug 8, 2024.
- CEO Daigle's stock option award amended to allow exercise of vested options post-termination.

## SEC filing metadata
- accession: 0000950170-24-092969
- form_type: 8-K
- ticker: ASYS
- cik: 0000720500
- company_name: AMTECH SYSTEMS INC
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720500/000095017024092969/0000950170-24-092969-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720500/000095017024092969/asys-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-092969
- JSON: https://secwatch.observer/filing/0000950170-24-092969.json
- Plain text: https://secwatch.observer/filing/0000950170-24-092969.txt

## Key facts
- Executive change
  Wade M. Jenke was appointed as Chief Financial Officer at AMTECH SYSTEMS INC.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the Board, based on the recommendation of the Audit Committee, approved the appointment of Wade M. Jenke as the Company’s new Chief Financial Officer effective August 8, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720500/000095017024092969/0000950170-24-092969-index.htm
- Executive change
  Lisa Gibbs resigned as Chief Financial Officer at AMTECH SYSTEMS INC.
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Lisa Gibbs has submitted her resignation as Chief Financial Officer and Board member, effective as of the close of business on August 7, 2024, to assume an executive role at another company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720500/000095017024092969/0000950170-24-092969-index.htm

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