Amkor Technology (AMKR) PT Lowered to $7 at Deutsche Bank
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Amkor Technology Reports Financial Results for the Third Quarter 2018
October 29, 2018 4:04 PM EDTThird 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 $11 million annuallyTEMPE, Ariz.--(BUSINESS WIRE)-- Amkor Technology, Inc. (NASDAQ: AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the third quarter ended September 30, 2018.
"Third quarter revenue grew 7% sequentially, reflecting strength in mobile communications," said Steve Kelley, Amkor's CEO.
Results Q3 2018 Q2 2018 Q3 2017 ($ in millions, except per share data) Net sales $1,144 $1,066... More