Recap: Amkor Technology Q3 Earnings

Shares of Amkor Technology AMKR rose 3.73% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 65.22% over the past year to $0.38, which beat the estimate of $0.26.

Revenue of $1,354,000,000 higher by 24.91% from the same period last year, which beat the estimate of $1,250,000,000.

Guidance

Amkor Technology hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Oct 26, 2020

Time: 05:00 PM

ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/amk/mediaframe/41301/indexl.html

Recent Stock Performance

Company's 52-week high was at $15.80

52-week low: $5.40

Price action over last quarter: down 6.00%

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.