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Shares of Amkor Technology (NASDAQ:AMKR) rose 10% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 2400.00% year over year to $0.23, which beat the estimate
Shares of Amkor Technology (NASDAQ:AMKR) rose 13.0% in after-market trading after the company reported Q2 results.
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Quarterly Results
Earnings per share increased 2400.00% year over year to $0.23, which beat the estimate of ($0.03).
Revenue of $1,173,000,000 up by 31.02% from the same period last year, which beat the estimate of $1,050,000,000.
Looking Ahead
Q3 EPS expected to be between $0.17 and $0.35.
Q3 revenue expected to be between $1,200,000,000 and $1,300,000,000.
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How To Listen To The Conference Call
Date: Jul 27, 2020
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/g44jsm8x
Price Action
52-week high: $15.24
Company's 52-week low was at $5.40
Price action over last quarter: Up 42.53%
Company Overview
Amkor Technology Inc is a provider of outsourced semiconductor packaging and test services to integrated device manufacturers, fabless semiconductor companies, and contract foundries. The firm's products are organized into two streams: advanced products, including flip chip, wafer-level processing and testing services; and mainstream products, including wirebond packaging and testing. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Ireland, Japan, Malaysia, Taiwan, Singapore, and countries across the world.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.