Amtech Systems, Inc. (NASDAQ:ASYS) Q3 2020 Earnings Conference Call August 6, 2020 5:00 PM ET Company Participants Erica Mannion – President of Sapphire Investor Relations Michael Whang – Chief Executive Officer Lisa Gibbs – Chief Financial Officer Conference Call Participants Jeff Osborne – Cowen & Company Mark Miller – The Benchmark Company Operator Good day, and welcome to the Amtech Systems Fiscal Third Quarter 2020 Conference Call. Please note that this event is being recorded. I would now like to turn ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File Number: 0-11412 AMTECH SYSTEMS, INC. (Exact name of registrant as specified in its charter) | --- | --- | ...

Amtech Systems, Inc. (NASDAQ:ASYS) Q2 2020 Earnings Conference Call May 7, 2020 5:00 PM ET Corporate Participants Erica Mannion - Sapphire, Investor Relations Lisa Gibbs - Chief Financial Officer Michael Whang - Chief Executive Officer Conference Call participants Jeff Osborne - Cowen & Co. Craig Irwin - ROTH Capital Partners Operator Good day and welcome to the Amtech Systems Second Quarter 2020 Earnings Conference Call. Please note that this event is being recorded. I would now like to turn the conference ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File Number: 0-11412 AMTECH SYSTEMS, INC. (Exact name of registrant as specified in its charter) | --- | --- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File Number: 0-11412 AMTECH SYSTEMS, INC. (Exact name of registrant as specified in its charter) Arizona 8 ...

Amtech Systems, Inc. (NASDAQ:ASYS) Q4 2019 Earnings Conference Call November 21, 2019 8:30 AM ET Company Participants Lisa Gibbs - VP and CFO Jong Whang - Executive Chairman and CEO Michael Whang - VP and COO Robert Hass - EVP Conference Call Participants Jeff Osborne - Cowen and Company Operator Good morning and welcome to the Amtech Systems Fourth Quarter and Fiscal Year 2019 Conference Call. All participants will be in listen-only mode. [Operator Instructions]. Please note, this event is being recorded. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-11412 AMTECH SYSTEMS, INC. (Exact name of registrant as specified in its charter) | --- | --- | |----------------------------------- ...

Amtech Systems, Inc. (NASDAQ:ASYS) Q3 2019 Earnings Conference Call August 8, 2019 5:00 PM ET Company Participants Lisa Gibbs – Chief Financial Officer J.S. Whang – Executive Chairman and Chief Executive Officer Michael Whang – Chief Operating Officer Robert Hass – Executive Vice President Conference Call Participants Jeff Osborne – Cowen and Company Craig Irwin – Roth Capital Partners Mark Miller – the Benchmark Company Operator Good afternoon, and welcome to Amtech Systems Third Quarter 2019 Earnings Conf ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2019 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File Number: 0-11412 AMTECH SYSTEMS, INC. Securities registered pur ...

Financial Data and Key Metrics Changes - Net revenue for Q2 2019 was $20.6 million, down from $23.2 million in the previous quarter and $21.1 million in Q2 2018 [11] - Gross margin decreased to 38% from 39% in the previous quarter and 41% in Q2 2018, primarily due to product mix [12] - Unrestricted cash and cash equivalents increased to $47.9 million from $45.9 million at the end of September 2018 [12] Business Line Data and Key Metrics Changes - Semiconductor revenue decreased by approximately $2.9 million sequentially, attributed to variability in orders and delivery schedules from one customer [11] - Silicon carbide LED revenue increased by approximately $0.3 million due to increased machine sales [11] - Compared to the prior year, semiconductor net revenue decreased by approximately $0.5 million due to weakness in the China market [11] Market Data and Key Metrics Changes - The company noted a softer semiconductor market impacted by trade tariff uncertainties, particularly affecting the Asian market [8] - The U.S. market remains robust, helping to mitigate softness from Asia [8] - Backlog at March 31, 2019, was $22 million, down from $23.7 million at December 31, 2018 [12] Company Strategy and Development Direction - The company announced plans to divest the majority of its solar business to focus on semiconductor and silicon carbide power business opportunities [6] - The strategy includes timely product innovations and capitalizing on external opportunities to enhance growth [7] - The company aims to make organic investments to support growth in the power chip and RF markets [10] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in long-term industry growth fundamentals despite current market softness [8] - The company expects continuing softness in the semiconductor equipment industry, forecasting revenue for the next quarter to be in the range of $19 million to $21 million [14] - Management highlighted the importance of acquisitions as part of the growth strategy [29] Other Important Information - The loss from discontinued operations for Q2 2019 was $6.6 million, primarily due to inventory and receivables write-offs [16] - The company is working with advisors to divest its solar business and hopes to complete the sale by the end of the calendar year [16] Q&A Session Summary Question: Can you talk about the silicon carbide market and revenue mix? - Management indicated that the silicon carbide segment's revenue is growing at the same rate as the industry, with a slight bias towards recurring revenue streams [20][22] Question: What are the plans for the automation segment? - Management is evaluating the automation segment, which has been operating at a loss, to determine if it fits into the new strategy [37] Question: Can you provide details on the sales and marketing organization? - The company has an internal sales force and a global agent network, with shared responsibilities for managing customer interactions [32][34] Question: What is the outlook for operating expenses going forward? - Management indicated that the current quarter's operating expenses represent a good run rate, with potential for internal investments as decisions are made [40] Question: What is the exposure to RMB in terms of revenue and costs? - Management noted that while some operations are in RMB, most sales are in U.S. dollars, and they do not break down the exposure granularly [26][27]