Amkor Technology (AMKR) Reports Q1 EPS of $0.69

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Amkor Technology Reports Financial Results for the First Quarter 2022

May 2, 2022 4:04 PM EDT

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, 2022.

First Quarter 2022 Highlights

Net sales $1.6 billion, up 20% year-on-year Gross margin 20.4%, operating income margin 13.2% Net income $171 million, earnings per diluted share $0.69 EBITDA $363 million

Amkor delivered another strong quarter of financial results, driven by continued demand for our Advanced packaging solutions. Advanced packaging grew 26% year-on-year and drove sales to $1.6 billion and EPS to $0.69, both of... More