Amkor Technology (AMKR) Tops Q1 EPS by 11c, Offers Q2 Guidance

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Go back to Amkor Technology (AMKR) Tops Q1 EPS by 11c, Offers Q2 Guidance

Amkor Technology Reports Financial Results for the First Quarter 2020

April 27, 2020 4:03 PM EDT

First Quarter Highlights

First quarter net sales $1.15 billion, up 29% year-on-year Operating income $84 million, operating margin 7.3% Net income $64 million, earnings per diluted share $0.26 EBITDA $210 million

TEMPE, Ariz.--(BUSINESS WIRE)-- Amkor Technology, Inc. (NASDAQ: AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the first quarter ended March 31, 2020.

First quarter revenue grew almost 30% year-on-year, driven by strength in the communications and consumer markets, said Steve Kelley, Amkors president and chief executive officer. Our factory team executed remarkably well in a challenging... More