Amtech Q1 FY2025 revenue $24.4M, GAAP net income $0.3M, beats guidance

AMTECH SYSTEMS INC

2025-Q1 EPS reported $0.02 revenue$24,385,000

Revenue $24.4M, exceeded high end of guidance; gross margin 38.4% vs 33.0% YoY.
GAAP net income $0.3M ($0.02 diluted EPS) vs loss of $9.4M YoY; non-GAAP net income $0.8M ($0.06).
Adjusted EBITDA $1.9M, up $1.8M YoY; cash from operations $2.9M; cash balance $13.2M.
Customer orders $18.1M, backlog $19.0M; CEO cites AI infrastructure as long-term growth driver.
SG&A down $0.5M YoY from cost reductions; R&D down $0.7M YoY on ceased projects.

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