Amkor Technology (AMKR) Tops Q2 EPS by 26c, Offers Q3 Guidance

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Go back to Amkor Technology (AMKR) Tops Q2 EPS by 26c, Offers Q3 Guidance

Amkor Technology Reports Financial Results for the Second Quarter 2020

July 27, 2020 4:04 PM EDT

Second Quarter Highlights

Second quarter net sales $1.17 billion, up 31% year-on-year Operating income $87 million, operating margin 7.4% Net income $55 million, earnings per diluted share $0.23 EBITDA $209 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 second quarter ended June 30, 2020.

Broad based demand drove revenue well above the high end of expectations, said Giel Rutten, Amkors president and chief executive officer. The strategic investments we made in both advanced packaging technology and manufacturing capacity enabled significant growth... More