earnings
confidence high
sentiment neutral
materiality 0.75
Amkor Q1 net sales $1.6B +20% YoY, EPS $0.69; Q2 guide hit by Shanghai COVID lockdown
AMKOR TECHNOLOGY, INC.
2022-Q1 EPS reported
$0.69
revenue$1,596,816,000
- Q1 net sales $1.597B (+20% YoY); net income $171M ($0.69 diluted EPS); gross margin 20.4%.
- Advanced packaging grew 26% YoY, driving record Q1 sales and EPS.
- Q2 2022 guidance: net sales $1.47-$1.57B, gross margin 16.5%-18.5%, EPS $0.37-$0.57.
- Full-year 2022 capex guidance ~$950 million; quarterly dividend $0.05/sh paid March 21.
- Management cites temporary Shanghai COVID lockdown as headwind for Q2 production.