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.
Amkor Technology, Inc. (Nasdaq: AMKR) reported financial results for Q1 2024, with net sales of $1.37 billion, gross profit of $202 million, operating income of $73 million, net income of $59 million, and earnings per diluted share of $0.24. The company highlighted efforts to expand capacity for AI devices, strengthen partnerships, progress plans for an Advanced packaging and test facility, and focus on production ramp in Vietnam. Quarterly results showed a decrease in net sales compared to Q4 2023, but an increase in gross margin. The company provided guidance for Q2 2024, expecting net sales of $1.40-$1.50 billion, gross margin of 13.0%-15.0%, and net income of $35-$75 million.
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