Amtech Systems, Inc. Provides Earnings Guidance for the Third Fiscal Quarter Ending June 30, 2021
May 05, 2021 at 02:10 pm
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Amtech Systems, Inc. provided earnings guidance for the third fiscal quarter ending June 30, 2021. For the third fiscal quarter ending June 30, 2021, revenues are expected to be in the range of $21 to $23 million. Gross margin for the quarter ending June 30, 2021 is expected to be approximately 40%, with operating margin break-even to slightly positive, primarily due to one-time costs the company will incur relating to cyber security incident.
Amtech Systems, Inc. is a manufacturer of thermal processing, wafer cleaning and chemical mechanical polishing (CMP) capital equipment and related consumables used in semiconductor, advanced mobility and renewable energy manufacturing applications. The Company's segments include semiconductor, and material and substrate. The semiconductor segment is engaged in the supply of thermal processing equipment, including solder reflow ovens, horizontal diffusion furnaces, and custom high-temp belt furnaces for use by semiconductor, electronics and electro/mechanical assembly manufacturers. The material and substrate segment is engaged in the production of wafer cleaning equipment as well as substrate consumables and chemicals for lapping (fine abrading) and polishing of materials, such as silicon wafers for semiconductor products, sapphire wafers for light-emitting diode (LED) applications, and compound substrates, like silicon carbide (SiC) wafers, for power device applications.
AMTECH SYSTEMS, INC. 
