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Amkor Technology (AMKR) Stock News, Aug 2022-Feb 2023

AMKR Nasdaq

Amkor Technology Inc. reports developments tied to its outsourced semiconductor assembly and test business, including quarterly results, dividends, investor presentations and capital-structure actions. The company provides semiconductor packaging and test services for semiconductor companies, foundries and electronics OEMs, with offerings that include advanced packaging, wafer-level processing, system-in-package solutions, flip chip, fine pitch bumping, power modules and wirebond packaging.

Recurring AMKR news also covers financing activity such as convertible senior notes, secondary common-stock offerings, shareholder voting matters and updates on the company’s Nasdaq-listed common stock. Operating updates commonly reference end markets such as smartphones, data centers, artificial intelligence, automobiles and wearables.

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Amkor Technology, Inc. has announced a quarterly cash dividend of $0.075 per share on its common stock, which is set to be paid on March 20, 2023. Stockholders of record as of February 28, 2023 will be eligible to receive this dividend. Amkor is recognized as a leading provider of semiconductor packaging and test services, with a strategic role in the global semiconductor industry, partnering with key manufacturers and electronics OEMs across Asia, Europe, and the USA.

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Amkor Technology, Inc. (Nasdaq: AMKR) will announce its fourth quarter and full year 2022 financial results after market close on February 13, 2023. The company will hold a conference call and webcast at 5:00 p.m. ET the same day to review these results. Investors can access the live audio and accompanying materials via the Investor Relations webpage. An archived replay will be available post-call.

As a leader in semiconductor packaging and test services, Amkor has been a vital partner for major semiconductor companies globally, with operational facilities across Asia, Europe, and the USA.

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Amkor Technology, Inc. (NASDAQ: AMKR) has announced a 50% increase in its quarterly cash dividend, raising it from $0.05 to $0.075 per share, effective December 27, 2022, for shareholders of record as of December 6, 2022. The company plans to return 40% to 50% of cumulative free cash flow generated from 2022 onward, contingent on various factors including strategic investments and Board approval. This move reflects Amkor's confidence in its long-term financial stability while allowing for ongoing business investments.

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Amkor Technology, Inc. (NASDAQ: AMKR) announced its participation in two upcoming investor conferences. The first is the Credit Suisse 26th Annual Technology Conference on November 29, 2022, at 1:40 PM MT in Scottsdale, AZ. The second is the Nasdaq 47th International Investor Conference on December 7, 2022, at 11:00 AM GMT in London, UK. Live webcasts of the presentations will be accessible on Amkor's Investor Relations website, along with opportunities for one-on-one meetings with management.

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Amkor Technology, Inc. (AMKR) reported strong financial results for Q3 2022, with net sales reaching $2.1 billion, a 24% increase year-on-year. Gross profit was $421 million, and operating income was $319 million, resulting in a net income of $306 million or $1.24 earnings per diluted share. All end markets achieved record revenue levels, driven by effective production ramps for new products. Despite economic uncertainties, Amkor remains well-positioned in advanced packaging to capitalize on industry trends.

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Amkor Technology (AMKR) has affirmed its dedication to supporting European initiatives for automotive semiconductor regionalization. With a manufacturing facility in Porto, Portugal, Amkor is positioned to assist the European Union's efforts in this area, capitalizing on the growing demand for automotive semiconductors across various applications. The company aims to enhance supply chain agility and provide advanced packaging solutions to meet the evolving needs of the automotive industry, significantly contributing to the EU's strategic goals in semiconductor independence.

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Amkor Technology, Inc. (NASDAQ: AMKR) will announce its financial results for Q3 2022 on October 31, 2022, after market close. A conference call to discuss these results will be held the same day at 5:00 p.m. ET. Interested parties can access the live audio webcast and presentation through the Investor Relations section of Amkor's website. The company, founded in 1968, is a major player in outsourced semiconductor packaging and test services, serving leading semiconductor firms globally.

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Amkor Technology, Inc. (NASDAQ: AMKR) has announced a quarterly cash dividend of $0.05 per share, payable on September 26, 2022, to stockholders of record as of September 6, 2022. This decision reflects the company's commitment to returning value to its shareholders while continuing to support its strategic operations in the semiconductor packaging and testing industry. Established in 1968, Amkor is a key player in the semiconductor sector, with production facilities and support offices across Asia, Europe, and the USA.

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Amkor Technology, Inc. (NASDAQ: AMKR) will participate in the D.A. Davidson Big Sky Summit on August 22, 2022, presenting at 10:00 AM Mountain Time (9:00 AM Pacific Time). The presentation will be accessible via a live webcast and replay on Amkor's Investor Relations website at ir.amkor.com. Founded in 1968, Amkor is a global leader in outsourced semiconductor packaging and test services, serving top semiconductor companies, foundries, and electronics OEMs worldwide.

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Amkor Technology, Inc. (Nasdaq: AMKR) reported strong financial results for Q2 2022, with net sales reaching $1.5 billion, up from $1.4 billion in Q2 2021. The company achieved a net income of $125 million and earnings per diluted share of $0.51. Despite a slight decrease in gross margin to 16.6% from 20.4% in Q1 2022, demand for advanced packaging solutions boosted the Automotive & Industrial sector by 16% year-on-year. Looking ahead, Amkor forecasts Q3 2022 net sales between $1.88 billion to $1.98 billion, with a gross margin of 19% to 21%.

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FAQ

What is the current stock price of Amkor Technology (AMKR)?

Amkor Technology (AMKR) last closed at $39.3.

What is the market cap of Amkor Technology (AMKR)?

The market cap of Amkor Technology (AMKR) is approximately $9.8B.