Strong demand for AI applications …

Appearance date: May 12, 2025

You can find the complete copy of the earnings call in the complete earnings call.

• Amtech Systems INC (NASDAQ: Asys) reported a strong demand for advanced packaging devices, especially for AI applications, whereby the bookings in the second quarter of 2024 exceed the overall bookings.

• The company focuses on the expansion of recurring sources of income such as consumables, parts and services that offer higher margins and more stable income.

• Amtech Systems INC (NASDAQ: Asys) has implemented cost reduction measures and expects an annualized saving of $ 11 million, which improves its ability to generate positive eBitda at lower sales levels.

• The company ended the quarter with a solid cash position of $ 13.4 million and without outstanding debts, which provided financial flexibility.

• Amtech Systems Inc (Nasdaq: Asys) uses its proven technologies to deal with the challenges in neighboring applications, which aims at long -term growth.

• The turnover for the second business quarter was subject to a shipping delay in connection with a customer dispute below the profitability.

• The company recorded a reduction fee of $ 22.9 million and an inventory depreciation of $ 6 million due to longer softness on the market for sophisticated node necklaces.

• The net turnover decreased by 36% compared to the second quarter of the 2024 financial year, which is primarily due to a customer dispute and a weak demand on the market for the ripe node hauler market.

• The GAAP -Netto -Trochtover in the second quarter was $ 31.8 million compared to the net result in the previous quarter and in the same period of the previous year.

• Orders for reflow devices in the USA were weak due to high tariffs, although this was compensated for by strength in Asia for AI-related equipment.

Q: With the prospects for a positive solution for the trade disputes in the US-China, how could this affect Amtech's business, especially in view of its commitment to the Chinese market? How could US policy measures to return semiconductor manufacturers to Amtech? A: Bob Dagle, CEO: In our semiconductor factory solutions, most products are produced in the USA, so that the tariffs have not significantly influenced us there. However, weak US orders were recorded in our reflow equipment produced in China due to tariffs. If the tariffs remove, we could see a stronger performance of the US market market. With regard to the return to the US production, our production based in the USA could benefit from this trend, and we are investigating production in other regions to reduce the effects on the tariff.