Amtech Systems, Inc. (NASDAQ: ASYS) Director Increases Stake, Company Reports Strong Q4 Earnings

• Averick Robert M, a director and 10 percent owner of Amtech Systems, Inc. (NASDAQ: ASYS), purchased 7,500 shares, boosting his total holdings to 506,000 shares.
• Amtech Systems reported break-even earnings per share for Q4 2024, surpassing the Zacks Consensus Estimate of a $0.04 loss, indicating a significant year-over-year improvement.
• The company's Q4 2024 revenue reached $24.11 million, exceeding expectations and demonstrating strong financial performance despite a slight year-over-year decline.

On December 13, 2024, Averick Robert M, a director and 10 percent owner of Amtech Systems, Inc. (NASDAQ: ASYS), purchased 7,500 shares of the company's common stock at $5.63 each. This acquisition increased his total holdings to 506,000 shares. Amtech Systems is known for providing equipment and consumables for semiconductor fabrication and packaging.

Amtech Systems recently held its Q4 2024 earnings call, featuring key figures like CEO Bob Daigle and CFO Wade Jenke. The company reported break-even earnings per share, surpassing the Zacks Consensus Estimate of a $0.04 loss. This performance marks a significant improvement from the $0.18 loss per share in the same quarter last year, highlighting a 100% earnings surprise.

The company's Q4 2024 revenue was $24.11 million, exceeding the Zacks Consensus Estimate by 4.84%. However, this figure is lower than the $27.71 million reported in the same period last year. Despite this, Amtech has consistently surpassed consensus revenue estimates in the past four quarters, demonstrating strong financial performance.

For the fiscal year 2024, Amtech's net revenue reached $101.2 million. The company ended the year with a GAAP net loss of $8.5 million but achieved a non-GAAP net income of $43,000. Amtech generated $9.8 million from operations and fully repaid $10.7 million on its debt agreement, reflecting sound financial management.

Currently, ASYS is trading at $5.66 on the NASDAQ, with a market capitalization of approximately $80.48 million. The stock has fluctuated between $5.46 and $5.72 today, with a 52-week high of $6.96 and a low of $3.37. The trading volume stands at 22,767 shares, indicating active investor interest.