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Earnings Call Summary | Amtech Systems(ASYS.US) Q2 2024 Earnings Conference

Earnings Call Summary | Amtech Systems(ASYS.US) Q2 2024 Earnings Conference

業績電話會議摘要 | Amtech Systems (ASYS.US) 2024 年第二季度業績會議
富途資訊 ·  05/09 22:58  · 電話會議

The following is a summary of the Amtech Systems, Inc. (ASYS) Q2 2024 Earnings Call Transcript:

以下是Amtech Systems, Inc.(ASYS)2024年第二季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Amtech Systems reported Q2 revenue of $25.4 million, exceeding their guidance.

  • Adjusted EBITDA was at $0.8 million.

  • Net revenues increased 2% sequentially but decreased 24% from Q2 of fiscal 2023.

  • Backlog at the quarter-end was $44.3 million, a decrease of $5.7 million from the end of last year.

  • GAAP net income was $1 million or $0.07 per share while a non-GAAP net loss of $0.2 million or $0.01 per share was reported.

  • The company holds $13 million in unrestricted cash and equivalents as of the end of the quarter.

  • Amtech Systems anticipates Q3 revenues in the $22 million to $25 million range with marginally positive adjusted EBITDA.

  • Amtech Systems公佈的第二季度收入爲2540萬美元,超過了預期。

  • 調整後的息稅折舊攤銷前利潤爲80萬美元。

  • 淨收入連續增長2%,但與2023財年第二季度相比下降了24%。

  • 季度末的待辦事項爲4,430萬美元,比去年年底減少了570萬美元。

  • GAAP淨收益爲100萬美元,合每股0.07美元,而非GAAP淨虧損爲20萬美元,合每股虧損0.01美元。

  • 截至本季度末,該公司持有1300萬美元的非限制性現金及等價物。

  • Amtech Systems預計,第三季度收入在2200萬至2500萬美元之間,調整後的息稅折舊攤銷前利潤略爲正數。

Business Progress:

業務進展:

  • Despite soft demand, the company sees growth in back-end packaging applications, particularly in North America and China.

  • Fluctuations in customer buying patterns for silicon carbide semiconductor production are being influenced by changes in overall electric vehicle demand.

  • Operational optimization, beneficial contract manufacturing partnerships, and refined pricing to handle input cost inflation have allowed the company to deliver strong operating results.

  • Amtech Systems expects the industry to grow, driven by advanced mobility applications and investments to maintain resilient and secure semiconductor and electronic assembly supply chains.

  • The company has managed to reduce structural costs by $6 million annually and align product pricing with value.

  • The focus remains on enhancing operational efficiency and reducing working capital ahead of a cyclical upturn in target markets.

  • The company is prioritizing growth in power electronics and silicon carbide areas while aiming for more exposure and breadth in these areas.

  • They predict variable visibility depending on the segments, with strong visibility till the December quarter for some sectors like the furnace area whereas others like consumables, parts, and services, and back-end packaging equipment have less long-term visibility due to their short lead times and quick order fulfillment.

  • 儘管需求疲軟,但該公司仍看到後端包裝應用的增長,尤其是在北美和中國。

  • 客戶購買碳化硅半導體生產模式的波動受到整體電動汽車需求變化的影響。

  • 運營優化、有利的合同製造合作伙伴關係以及應對投入成本上漲的精確定價使該公司得以實現強勁的經營業績。

  • Amtech Systems預計,在先進的出行應用和投資的推動下,該行業將增長,以維持彈性和安全的半導體和電子組裝供應鏈。

  • 該公司設法每年減少600萬美元的結構性成本,並使產品定價與價值保持一致。

  • 在目標市場出現週期性回升之前,重點仍然是提高運營效率和減少營運資金。

  • 該公司優先考慮電力電子和碳化硅領域的增長,同時力爭在這些領域擴大曝光率和廣度。

  • 他們預測,各細分市場的能見度會有所不同,某些行業(例如熔爐區)的能見度在12月的季度之前會很強,而消耗品、零件和服務以及後端包裝設備等其他行業由於交貨時間短和訂單履行速度快,長期可見度較低。

More details: Amtech Systems IR

更多詳情: Amtech 系統紅外

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。

譯文內容由第三人軟體翻譯。


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