Amkor Technology (AMKR) Tops Q2 EPS by 10c

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Amkor Technology Reports Financial Results for the Second Quarter 2016

August 1, 2016 4:04 PM EDT

Second Quarter Highlights

Net sales $917 million, 5.6% sequential growth Gross margin 14.3%, reflecting 150 basis points of Japan earthquake costs Net income $5 million, earnings per diluted share $0.02 and EBITDA $168 million Strong Android smartphone demand Accelerated recovery from Japan earthquakes

TEMPE, Ariz.--(BUSINESS WIRE)-- Amkor Technology, Inc. (NASDAQ: AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the second quarter ended June 30, 2016.

"Second quarter... More