Amkor Technology (AMKR) Tops Q3 EPS by 7c, Q4 Revenue Guidance Misses View

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Amkor Technology Reports Financial Results for the Third Quarter 2018

October 29, 2018 4:04 PM EDT

Third Quarter Highlights

Third quarter net sales $1,144 million, up 7% sequentially Net Income $57 million, earnings per diluted share $0.24 EBITDA $235 million, up 13% sequentially Completed debt refinancing, reducing interest expense by $11 million annually

TEMPE, Ariz.--(BUSINESS WIRE)-- Amkor Technology, Inc. (NASDAQ: AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the third quarter ended September 30, 2018.

"Third quarter revenue grew 7% sequentially, reflecting strength in mobile communications," said Steve Kelley, Amkor's CEO.

Results Q3 2018 Q2 2018 Q3 2017 ($ in millions, except per share data) Net sales $1,144 $1,066... More