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Amkor Technology (AMKR) Stock News, Feb-Aug 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. (NASDAQ: AMKR) will release its financial results for Q1 2023 on May 1, 2023, after market close. The management will hold a conference call and webcast to discuss the results at 5:00 p.m. ET on the same day. Investors can access the live audio webcast via the Investor Relations section of Amkor’s website. The archived replay will be available post-call. Founded in 1968, Amkor is a major player in semiconductor packaging and test services, serving leading semiconductor companies and OEMs across Asia, Europe, and the USA.

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Amkor Technology, Inc. (Nasdaq: AMKR) is advancing the use of silicon carbide in automotive power packaging, positioning itself as a leader in outsourced semiconductor assembly and test (OSAT). As demand for electrification grows, Amkor focuses on silicon carbide for its efficiency in high-power applications, particularly in electric vehicles (EVs). Their recent investments enable customers to scale silicon carbide production efficiently, while Amkor maintains a strong global presence to support this demand. Through technology leadership and comprehensive solutions, Amkor aims to solidify its role as a key OSAT partner for automotive manufacturers.

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Amkor Technology, Inc. (Nasdaq: AMKR) announced its financial results for Q4 and full year 2022, reporting record net sales of $1.91 billion for Q4, an 11% increase year-on-year, and $7.09 billion for the full year, a 16% rise. Net income for Q4 was $164 million, with earnings per diluted share at $0.67. Full year net income reached $766 million, with EPS of $3.11. However, guidance for Q1 2023 estimates a 9% decline in sales, with expected net income of $15 million to $55 million. The company also announced a 50% increase in its quarterly cash dividend effective December 27, 2022.

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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.