Amkor Technology (AMKR) Tops Q3 EPS by 44c; Offers Q4 Guidance

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Amkor Technology Reports Record Financial Results for the Third Quarter 2022

October 31, 2022 4:05 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 third quarter ended September 30, 2022.

Record Third Quarter 2022 Highlights

Net sales $2.1 billion, up 24% year-on-year Gross profit $421 million, operating income $319 million Net income $306 million, earnings per diluted share $1.24 EBITDA $481 million

Amkor delivered outstanding results in the third quarter. Revenue of $2.1 billion and EPS of $1.24 are quarterly records, with all end markets hitting new record revenue levels. Quality execution of... More