Amtech cuts Q2 fiscal 2025 revenue guidance to $15-16M; expects impairment charge

AMTECH SYSTEMS INC

Revenue guidance lowered to $15-16M from prior $21-23M for quarter ended March 31, 2025.
Adjusted EBITDA expected nominally negative versus previously positive guidance.
Customer dispute over a cancelled order delayed a separate $4.9M equipment shipment.
Expects material impairment charge on goodwill, intangible, and inventory assets.
Orders for advanced packaging reflow equipment in Q2 surpassed shipments for entire FY2024.

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