Amtech Systems

Amtech Systems has placed a guaranteed public offering of 2,926,829 common shares at $20.50 per share, raising approximately $60 million before expenses. The offering was said to be oversubscribed; closing is expected on Wednesday and is subject to customary closing conditions. Net proceeds are intended to accelerate growth in semiconductor packaging and wafer-substrate manufacturing, potentially finance M&A, and be used for working capital and general corporate purposes. » Więcej na de.investing.com

Amtech Systems appointed Guy Shechter as president and COO and named Thomas Sabol CFO to support expansion into AI semiconductor packaging and assembly. The company said AI product demand drove 31% year-over-year revenue growth in its fiscal second quarter, led by reflow equipment and higher-margin advanced packaging solutions. Management expects the new leadership and product mix to help scale operations amid increased demand tied to AI infrastructure buildout. » Więcej na finance.yahoo.com

Amtech Systems reported Q2 2026 revenue of $20.5 million and adjusted EPS of $0.10, both well above expectations. Management sees sustained strong demand for AI-related equipment, which could make up to 40% of segment revenue in Q3, and forecasts Q3 revenue between $20.5 million and $22.5 million. The company is debt-free, holds $24.4 million in cash, and named Guy Shechter president and COO, moves that together pushed the stock to a 52-week high. » Więcej na de.investing.com

Amtech Systems has appointed Thomas Sabol as CFO effective May 14; the 67‑year‑old will also head finance and accounting and report to the CEO. Sabol brings more than 30 years of experience in financial leadership roles, including multi‑year CFO positions at public and private technology and manufacturing companies. His base annual salary is $350,000 with a target bonus of 50% of salary, stock options for 45,000 shares subject to board approval, and severance arrangements in the event of a change of control or termination without cause. » Więcej na de.investing.com

At Amtech Systems’ annual general meeting, several directors were elected for one year, KPMG was confirmed as the independent auditor for the fiscal year ending September 30, 2026, and the compensation of the named executive officers was approved on an advisory basis. 72.73% of the voting shares were represented; individual directors received varying levels of support. Amtech also reported Q1 2026 EPS of $0.03 (better than expected) on revenue of $19 million (below expectations), after which the stock fell in after-hours trading. » Więcej na de.investing.com