Key Takeaways ASYS expects Q4 revenues of approximately $19.8M, reflecting a decline of 17.9% Y/Y.AI-related equipment demand surged fivefold in Q3, boosting mix and supporting margins.Cost cuts from a semi-fabless model aid efficiency as mature node weakness pressures results. Amtech Systems ((ASYS) is scheduled to report its fourth-quarter fiscal 2025 results on Dec. 10, 2025.Amtech Systems anticipates revenues of approximately $19.8 million for the fourth quarter of fiscal 2025, indicating a year-over-ye ...

Core Insights - Amtech Systems is experiencing significant growth in its AI packaging business, with a 26% sequential revenue increase to $19.6 million in Q3 fiscal 2025, driven by strong demand for AI infrastructure equipment [2][10] - Sales of AI infrastructure equipment surged fivefold year-over-year, constituting approximately 25% of Thermal Processing Solutions' revenues, indicating a robust demand outlook for AI-related products [3][10] - Despite the growth in AI, Amtech continues to face challenges in its mature node semiconductor business, which is a major headwind affecting overall growth [4][5] Financial Performance - The Zacks Consensus Estimate predicts a 24.4% decline in Amtech's revenues for fiscal 2025 due to ongoing weakness in the mature node semiconductor market [5][10] - Amtech's shares have increased by 37.5% year-to-date, outperforming the Zacks Semiconductor - General industry's growth of 34.2% [8] - The company trades at a forward price-to-sales ratio of 1.34X, significantly lower than the industry average of 14.66X, indicating potential undervaluation [12] Earnings Estimates - The Zacks Consensus Estimate for Amtech's fiscal 2025 earnings is a loss of six cents per share, while for fiscal 2026, earnings are projected at 15 cents per share, reflecting a year-over-year growth of 350% [15][16]