Amtech Systems(ASYS) - 2024 Q3 - Quarterly Results

EXHIBIT 99.1 Amtech Reports Third Quarter 2024 Results TEMPE, Ariz., August 7, 2024 -- Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment and consumables for semiconductor fabrication and packaging, today reported results for its third quarter ended June 30, 2024. Third Quarter Fiscal 2024 Financial and Operational Results: • Net revenue of $26.7 million • GAAP operating income of $0.8 million • Net cash position of $8.9 million • Non-GAAP operating income of $1.5 million (1) • GAAP ...