Amtech Reports Fourth Quarter and Year End Fiscal 2024 Results
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Amtech Systems, Inc. (NASDAQ: ASYS) reported its fourth quarter and fiscal year 2024 results, showing a net revenue of $24.1 million and a GAAP net loss of $0.5 million. The company also reported a non-GAAP net loss of $7.0 thousand and an adjusted EBITDA of $0.8 million, with customer orders totaling $17.6 million.
December 09, 2024 | 9:30 pm
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NEUTRAL IMPACT
Amtech Systems reported a net revenue of $24.1 million for Q4 2024, with a GAAP net loss of $0.5 million. The non-GAAP net loss was $7.0 thousand, and adjusted EBITDA was $0.8 million. Customer orders were $17.6 million.
The financial results show a small GAAP net loss and a very minor non-GAAP net loss, indicating stable performance. The adjusted EBITDA is positive, suggesting operational efficiency. However, the customer orders are lower than the revenue, which might indicate future revenue challenges. Overall, the results are mixed, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100