Amkor Technology (AMKR) Tops Q1 EPS by 6c, Offers Q2 Guidance

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Go back to Amkor Technology (AMKR) Tops Q1 EPS by 6c, Offers Q2 Guidance

Amkor Technology Reports Financial Results for the First Quarter 2019

May 2, 2019 4:06 PM EDT

First Quarter Highlights

First quarter net sales $895 million Operating income $13 million Net income ($23) million, earnings per diluted share ($0.10) EBITDA $153 million

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, 2019.

"Our operating results for the first quarter exceeded expectations, with gross margin above the high end of our guidance," said Steve Kelley, Amkor's president and chief executive officer. "Better than expected gross profit and EBITDA were largely due to cost control efforts."

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