Amkor Technology (AMKR) Reports Q1 EPS of $0.18

Go back to Amkor Technology (AMKR) Reports Q1 EPS of $0.18

Amkor Technology Reports Financial Results for the First Quarter 2023

May 1, 2023 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, 2023.

First Quarter 2023 Highlights

Net sales $1.5 billion Gross profit $194 million, operating income $69 million Net income $45 million, earnings per diluted share $0.18 EBITDA $229 million

Amkor delivered revenue and profitability above the midpoint of guidance. Revenue in the Automotive and Industrial end market grew 14% year-on-year, and revenue in the Communications end market grew 2% year-on-year, reflecting our strong... More