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Amkor (NASDAQ:AMKR) Misses Q1 Sales Targets

Semiconductor packaging and testing company Amkor Technology (NASDAQ:AMKR) missed analysts' expectations in Q1 CY2024, with revenue down 7.2% year on year to $1.37 billion. On the other hand, next quarter's outlook exceeded expectations with revenue guided to $1.45 billion at the midpoint, or 4.3% above analysts' estimates. It made a GAAP profit of $0.24 per share, improving from its profit of $0.18 per share in the same quarter last year.
Giel Rutten Semiconductor Manufacturing Amkor Technology Days Outstanding Cash Flow Chief Executive
Source: yahoo.com

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Amkor (NASDAQ:AMKR) Surprises With Q3 Sales But Stock Drops 15.4%

Semiconductor packaging and testing company Amkor Technology (NASDAQ:AMKR) beat analysts' expectations in Q3 FY2023, with revenue down 12.6% year on year to $1.82 billion. However, next quarter's revenue guidance of $1.68 billion was less impressive, coming in 10.6% below analysts' estimates. Turning to EPS, Amkor made a GAAP profit of $0.54 per share, down from its profit of $1.24 per share in the same quarter last year.
Giel Rutten Semiconductor Manufacturing Amkor Technology Cash Flow Days Outstanding Amkor Technologies
Source: yahoo.com

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