Amkor Technology (AMKR) Misses Q1 EPS by 1c

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Amkor Technology Reports Financial Results for the First Quarter 2018

April 26, 2018 4:07 PM EDT

First Quarter Highlights

Net sales $1,025 million, up 14% year-on-year Net income $10 million, earnings per diluted share $0.04 EBITDA $175 million, up 17% year-on-year

TEMPE, Ariz.--(BUSINESS WIRE)-- Amkor Technology, Inc. (NASDAQ: AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the first quarter ended March 31, 2018.

"First quarter results were in line with expectations, with sales up 14% year-on-year," said Steve Kelley, Amkor's president and chief executive officer. "We benefited from our strategic focus on balanced revenue... More