Amkor Technology is a leading provider of semiconductor packaging and test services
The company specializes in delivering advanced packaging solutions that enhance the performance and reliability of integrated circuits used in various electronic devices. Amkor supports a wide array of industries, including consumer electronics, telecommunications, automotive, and industrial applications, by offering innovative technologies that cater to the evolving needs of semiconductor manufacturers. With a global manufacturing footprint, Amkor focuses on quality and efficiency while fostering collaborations with its clients to develop customized solutions that drive the advancement of electronics technology.
Shares of semiconductor packaging and testing company Amkor Technology (NASDAQAMKR) fell 11.6% in the pre-market session after the company reported weak fourth-quarter results. Its revenue fell short of Wall Street's estimates, and its revenue guidance for the next quarter missed significantly, indicating a continued slowdown. The decline was primarily driven by weakness in the automotive, industrial, and communications markets.
On the other hand, Amkor blew past analysts' EPS expectations this quarter. Overall, this was a softer quarter.
Semiconductor packaging and testing company Amkor Technology (NASDAQAMKR) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 7% year on year to $1.63 billion. Next quarter’s revenue guidance of $1.28 billion underwhelmed, coming in 14.1% below analysts’ estimates. Its GAAP profit of $0.43 per share was 16.2% above analysts’ consensus estimates.
The regular session of the US market on Monday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Semiconductor packaging and testing company Amkor Technology (NASDAQAMKR) will be announcing earnings results tomorrow after the bell. Here’s what to expect.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how IPG Photonics (NASDAQIPGP) and the rest of the semiconductor manufacturing stocks fared in Q3.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Amkor (NASDAQAMKR) and the rest of the semiconductor manufacturing stocks fared in Q3.
Over the past six months, Amkor’s shares (currently trading at $26.45) have posted a disappointing 18.2% loss, well below the S&P 500’s 14% gain. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Shares of semiconductor packaging and testing company Amkor Technology (NASDAQAMKR) fell 21.2% in the afternoon session after the company reported underwhelming third-quarter earnings results, with revenue and EPS guidance for the next quarter falling below analysts' expectations, sending shares lower. In addition, EPS and EBITDA missed, suggesting that profitability might be under pressure.
Semiconductor packaging and testing company Amkor Technology (NASDAQAMKR) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 2.2% year on year to $1.86 billion. On the other hand, next quarter’s revenue guidance of $1.65 billion was less impressive, coming in 10.5% below analysts’ estimates. Its GAAP profit of $0.49 per share was 1.7% below analysts’ consensus estimates.
