Amkor Tech Stock Price, News & Analysis

Amkor Technology, Inc. (AMKR) announced its financial results for Q4 and full year 2021, achieving record net sales of $1.72 billion, a 3% sequential increase and 26% year-on-year growth. The company recorded a gross profit of $362 million and a net income of $217 million, resulting in earnings per diluted share of $0.88. For the full year, net sales reached $6.14 billion, up 22% from 2020. The company expects 2022 to continue its growth trajectory with Q1 sales guidance of $1.50 to $1.60 billion.

Amkor Technology, Inc. (Nasdaq: AMKR) announced a quarterly cash dividend of $0.05 per share, payable on March 21, 2022. This dividend will benefit stockholders of record as of the close of business on March 1, 2022. Amkor is a major provider of semiconductor packaging and test services, with operations across Asia, Europe, and the USA, and supports leading semiconductor companies and electronics OEMs. The company's commitment to returning value to shareholders is reflected in this dividend announcement.

Amkor Technology (NASDAQ: AMKR) will release its financial results for Q4 and the full year 2021 on February 14, 2022, post-market close. A conference call will follow at 5:00 p.m. ET to discuss the results, accessible via Amkor's Investor Relations website or by dialing in. Amkor is a leader in outsourced semiconductor packaging and testing, serving major semiconductor companies across Asia, Europe, and the USA.

Amkor Technology (NASDAQ: AMKR), a leading semiconductor packaging and test services provider, will present at the 24th Annual Needham Virtual Growth Conference on January 11, 2022, at 3:30 PM ET. A live webcast of the presentation will be available for replay on Amkor's Investor Relations website.

Founded in 1968, Amkor is a major player in outsourced semiconductor services, with operations in Asia, Europe, and the USA, supporting top semiconductor firms and OEMs.

Amkor Technology, Inc. (NASDAQ: AMKR) has announced a 25% increase in its quarterly cash dividend, raising it from $0.04 to $0.05 per share. This change will be effective with the dividend payment on December 28, 2021 for stockholders of record on December 7, 2021. The decision reflects Amkor's strong operating results and healthy financial position. CEO Giel Rutten emphasized the company's commitment to returning capital to shareholders while investing in future growth.

Amkor Technology, Inc. (NASDAQ: AMKR) will participate in the Bank of America Securities 2021 Virtual Leveraged Finance Conference on November 30, 2021. The company's presentation is scheduled for 12:45 PM Eastern Time. Investors can access the live and recorded webcast on Amkor's Investor Relations website.

Amkor, established in 1968, is a leading provider of semiconductor packaging and test services, supporting major semiconductor companies worldwide.

Amkor Technology, Inc. (NASDAQ: AMKR) announced plans to construct a smart factory in Bac Ninh, Vietnam, focusing on Advanced System in Package (SiP) assembly and testing for leading semiconductor firms. The first construction phase, estimated at $200-$250 million, involves 20,000 square meters and is expected to begin in 2022, with production commencing by late 2023. This investment aims to diversify operations, boost capacity, and meet the growing demand for assembly and test solutions, supported by a strong local labor force.

Amkor Technology reported a remarkable third quarter in 2021, achieving record net sales of $1.68 billion, a 20% sequential increase and 24% year-on-year growth. The company also recorded gross profit of $325 million and operating income of $211 million, resulting in earnings per diluted share of $0.74. With a gross margin of 19.3% and EBITDA of $358 million, Amkor anticipates continued momentum, projecting fourth-quarter net sales between $1.59 billion and $1.69 billion.

Amkor Technology, Inc. will announce its third-quarter financial results on October 25, 2021, post-market closure. The company will conduct a conference call at 5:00 p.m. ET that same day, accessible via their Investor Relations website. Amkor, a leading semiconductor packaging and test services provider, has a robust operational presence across Asia, Europe, and the USA. The live audio webcast and slide presentation will be available, and an archived version will follow.