Amtech Systems expects Q4 revenue between $22.5 mln and $24.0 mln
Company expects Q4 Adjusted EBITDA margin in the low to mid-teens
Company sees continued strength in AI-related demand for advanced packaging equipment
Overview
AI semiconductor equipment maker's fiscal Q3 revenue rose 14.5% yr/yr, driven by TPS segment
Adjusted net income for fiscal Q3 rose to $2.4 mln from $0.9 mln a year earlier
Company raised $56.5 mln in public offering, boosting cash to $83.1 mln
Result drivers
AI-related equipment demand - Co said continued build-out of AI infrastructure and capital intensity in advanced packaging drove strong demand in TPS segment
TPS segment growth - TPS revenue rose 24.9% yr/yr, driven by strength in AI-related equipment and growth in parts and services
SFS segment weakness - Revenue from mature node SFS segment declined due to weak demand for silicon carbide-related products
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