Highest-materiality recent filing
CEO Robert Daigle to retire, become Executive Chairman; Guy Shechter named new CEO
Robert C. Daigle retires as CEO effective Aug 13, 2026, becomes Executive Chairman with two-year term, $300k base salary, 50,000 RSUs.
Amtech Q3 revenue $22.4M (+14.5% YoY); GAAP net income $1.7M; AI demand drives TPS growth
GAAP net income $1.7M ($0.10 diluted EPS) vs $0.1M ($0.01) a year ago; non-GAAP net income $2.4M ($0.14).
Amtech Systems closes $60M oversubscribed public offering of 2.93M shares at $20.50
Oversubscribed offering: 2,926,829 shares at $20.50/share, gross proceeds ~$60M.
Amtech Q2 FY2026 revenue $20.5M (+31% YoY); GAAP EPS $0.08, non-GAAP EPS $0.10
Net revenue $20.5M, up 31% YoY and 8% sequentially, driven by AI reflow equipment demand.
Amtech Systems appoints Guy Shechter as President and COO effective May 19, 2026
Guy Shechter appointed President and COO, effective May 19, 2026, reporting to CEO Bob Daigle.
Amtech Systems names Thomas Sabol as new CFO effective May 14, 2026
Thomas Sabol appointed CFO, replacing interim CFO Mark Weaver; effective May 14, 2026.
Amtech Systems shareholders elect all five director nominees, approve auditor and say-on-pay
All five director nominees elected at annual meeting held March 4, 2026, with Daigle receiving 8.6M for votes and Averick 5.9M.
Amtech reports Q1 FY2026 revenue $19.0M, GAAP net income $0.1M; orders $20.7M (book-to-bill 1.1)
Revenue $19.0M, down from $24.4M YoY and $19.8M sequentially; GAAP net income $0.1M ($0.01 EPS).
Amtech Systems appoints Mark Weaver as Interim CFO effective Dec 16
Weaver replaces Wade Jenke, who resigned as CFO effective Dec 29, 2025.
Amtech returns to GAAP profitability in Q4 FY2025; announces $5M share buyback
Q4 net revenue $19.8M; GAAP net income $1.1M ($0.07 diluted EPS) vs. net loss of $0.5M in Q4 FY2024.
Amtech Q4 revenue $19.8M, EBITDA $2.6M (13% rev), above guidance; FY rev $79.4M
Q4 net revenue $19.8M, above top end of guidance; adjusted EBITDA $2.6M (13% of rev), above guidance.
Amtech Systems CFO Wade Jenke resigns effective Dec 29; will consult for transition
CFO Wade M. Jenke resigns effective Dec 29, 2025 to join another company; no disagreement with Amtech.
Amtech Q3 revenue $19.6M, up 26% QoQ; GAAP net income $0.1M vs loss prior quarter
Revenue $19.6M, +26% QoQ, -27% YoY; AI-driven reflow oven demand in Asia offset mature-node weakness.
Amtech reports Q2 FY2025 GAAP net loss of $31.8M; revenue down 39% YoY to $15.6M
GAAP net loss $31.8M ($2.23 per share); includes $22.9M goodwill & intangible impairment charges.
Amtech cuts Q2 fiscal 2025 revenue guidance to $15-16M; expects impairment charge
Revenue guidance lowered to $15-16M from prior $21-23M for quarter ended March 31, 2025.
Shareholders elect all five director nominees, approve say-on-pay and equity plan amendment
Directors Averick, Daigle, Garnreiter, Jakwani, Ludwig elected; Ludwig received 6.5M for vs 1.4M withheld.
Amtech Q1 FY2025 revenue $24.4M, GAAP net income $0.3M, beats guidance
Revenue $24.4M, exceeded high end of guidance; gross margin 38.4% vs 33.0% YoY.
Amtech Systems appoints Asif Y. Jakwani to Board of Directors effective Jan 23, 2025
Jakwani, former Onsemi SVP and GM of Advanced Power Division, joins Amtech board.
Amtech Q4 revenue $24.1M, GAAP net loss $0.5M; debt fully repaid
Q4 net revenue $24.1M (down 10% sequential, down 13% YoY); GAAP net loss $0.5M ($0.04/share).
Amtech pays off $3.8M credit facility with UMB Bank, terminates agreement on Sept 11, 2024
Company paid off $3.8 million outstanding under Loan and Security Agreement with UMB Bank, N.A.
Amtech Q3 revenue $26.7M, GAAP net income $0.4M; CFO Gibbs resigns, Jenke appointed
Revenue $26.7M, up 5% sequentially, down 13% YoY; GAAP EPS $0.03, non-GAAP EPS $0.08.
Amtech Q2 revenue $25.4M exceeds guidance; non-GAAP net loss $0.2M
Revenue of $25.4M exceeded high-end of guidance, down 24% YoY from $33.3M.
Amtech shareholders elect five directors and ratify Grant Thornton as auditor
Robert Daigle, Lisa Gibbs, Robert Averick, Michael Garnreiter, Michael Ludwig elected directors with >8M votes each; withheld votes ranged 197K-511K.
Amtech Systems dismisses Grant Thornton and appoints KPMG as new auditor
On March 1, 2024, Amtech Systems dismissed Grant Thornton as its independent auditor.
Amtech Systems amends CEO Daigle's comp: $500K RSU canceled, replaced with 400K option at $6.00
CEO Robert Daigle's $500K RSU grants for 2024 and 2025 replaced with an option for 400K shares at $6.00 (25% premium to Feb 29 close).
Amtech Systems Q1 FY2024 net rev $24.9M (+16% YoY); GAAP operating loss $8.9M incl $7.6M impairment
Net revenue $24.9M, up 16% YoY; Q1 GAAP net loss $9.4M ($0.66 share) vs loss $2.7M a year ago.
Amtech Q4 GAAP net loss $12M, non-GAAP loss $0.18; enters forbearance on debt covenant
Q4 revenue $27.7M, down 14% YoY; GAAP net loss $12.0M ($0.85/share) vs Q4 FY22 net income $4.2M
Amtech Q4 rev $27.7M, orders $18.2M, 0.7 book-to-bill; covenant breach, impairment expected
Net revenue $27.7M in Q4 fiscal 2023, down 10% sequentially and 14% YoY.
Revolver increased from $8M to $14M; maturity extended to January 2025.
Amtech Systems appoints Robert C. Daigle as CEO, discloses employment terms; Whang resigns board
Robert C. Daigle succeeds Michael Whang as President and CEO effective Aug 8, 2023; Whang resigned board on Aug 16, 2023.
Amtech reports Q3 net loss of $1.0M; appoints Bob Daigle as CEO replacing Michael Whang
GAAP net loss of $1.0M ($0.07 loss per share) on revenue of $30.7M, up 54% YoY.
Amtech Q2 FY2023 revenue $33.3M (+21% YoY), GAAP EPS $0.23, non-GAAP EPS $0.19
Net revenue $33.3M, up 21% YoY and 55% sequential; GAAP net income $3.2M ($0.23 diluted EPS).
Entrepix FY2022 revenue $19.58M, net income $3.19M (16.2% margin).
All six director nominees elected with 9.2M to 8.5M votes for; broker non-votes 2.1M.
Amtech Q1 net loss $0.20 per share; revenue $21.6M, down 19% YoY; guides Q2 rev $30-32M
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.
Amtech Systems appoints Michael M. Ludwig to board following Jong S. Whang's retirement
Ludwig appointed to fill board vacancy created by former CEO/Chairman Jong S. Whang's retirement on Dec 31, 2022.
Amtech Systems acquires Entrepix for $35M in cash/loan; expands CMP/wafer cleaning portfolio
Acquired Entrepix for $35M in cash and a $12M term loan from UMB Bank; closed Jan 17, 2023.
Amtech reports Q4 FY2022 net income $4.2M ($0.30 EPS); revenue $32.3M, up 33% YoY
Fiscal 2022 revenue $106.3M, up 25% YoY; net income $17.4M ($1.22 diluted EPS).
Director Sukesh Mohan to not stand for re-election; second board vacancy also pending
Sukesh Mohan will not stand for election at the 2023 annual meeting; departure not due to any disagreement with company policies.
Net revenue $20.0M (-14% YoY); net income $10.2M ($0.73 diluted EPS) includes $12.5M pretax gain from sale-leaseback.
Amtech Q2 rev $28.6M, EPS $0.14; Q3 guide $14-16M on Shanghai closure
Net revenue $28.6M (+44% YoY); net income $2.0M ($0.14 diluted) vs loss of $0.2M year ago.
Amtech subsidiary sells Billerica building for $21.5M, leaseback for 2 years
Sale price $21.5M; $500k nonrefundable deposit paid; closing expected June 21, 2022.
Amtech Systems shareholders elect directors, approve 2022 equity plan at annual meeting
All seven director nominees elected; highest vote count for Robert C. Daigle with 8,989,715 For.
Amtech Q1 revenue $27.3M (+52% YoY), record backlog $48.5M, approves $5M stock buyback
Net revenue $27.3M, up 52% YoY and 12% sequentially; net income $1.0M ($0.07 diluted EPS).
Amtech dismisses auditor MHM, appoints Grant Thornton; reinstates shareholder special meeting right
Dismissed Mayer Hoffman McCann P.C. as auditor effective Nov 17, 2021; no disagreements in prior two fiscal years.
Amtech Q4 revenue $24.3M, EPS $0.05; FY2021 revenue $85.2M, orders up 84% YoY
Net revenue $24.3M in Q4, up 61% YoY; full year $85.2M, up 30% YoY.
Amtech Systems appoints Robert C. Daigle to Board of Directors
Appointed Robert C. Daigle to fill board vacancy effective August 12, 2021; he is SVP & CTO of Rogers Corporation.
Amtech Q3 revenue $23.1M, up 52% YoY; guides Q4 rev $25-27M
Operating income $1.2M vs $0.0M year ago; includes ~$1.1M cyber incident SG&A costs.
approved the appointment of Mr. Guy Shechter as the Company’s President and Chief Operating Officer, effective May 19, 2026
Mr. Sabol will replace Mr. Mark Weaver, who was serving as Interim Chief Financial Officer until the Company hire a permanent Chief Financial Officer.
On April 24, 2026, the Board of Directors of Amtech Systems, Inc. (the “Company”) approved the appointment of Mr. Thomas Sabol as the Company’s Chief Financial Officer, effective May 14, 2026
appointed Asif Y. Jakwani to fill the existing vacancy on the Board.
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.
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.
on August 8, 2023, the Board of Directors (the “ Board ”) of the Company approved the appointment of Robert C. Daigle to succeed Michael Whang as President and Chief Executive Officer of the Company effective August 8, 2023.
on August 8, 2023, the Board of Directors (the “ Board ”) of the Company approved the appointment of Robert C. Daigle to succeed Michael Whang as President and Chief Executive Officer of the Company effective August 8, 2023.
On August 16, 2023, Michael Whang notified the Company of his decision to resign as a member of the Board, effective immediately.
Mr. Whang has informed the Company of his decision to step down as the Company’s President and Chief Executive Officer to pursue other opportunities effective August 8, 2023.
approved the appointment of Robert C. Daigle to succeed Michael Whang as President and Chief Executive Officer of the Company effective August 8, 2023.
On January 13, 2023, the Board of Directors (the “Board”) of the Company appointed Michael M. Ludwig to the Board, effective that same date, to fill the vacancy created by Mr. Whang’s retirement.
Max materiality 0.85 · Median 0.65 · Most common event earnings