Amkor Q1 2023 net sales $1.47B, net income $45M; EPS $0.18 down 74% YoY

AMKOR TECHNOLOGY, INC.

2023-Q1 EPS reported $0.18 revenue$1,471,539,000

Net sales $1.47B, down 8% YoY from $1.60B; net income $45M vs $171M.
GAAP EPS $0.18 per diluted share, down from $0.69 in Q1 2022.
Gross margin 13.2%, down from 20.4% YoY; operating income margin 4.7%.
Automotive & Industrial end market revenue grew 14% YoY; Communications grew 2%.
Q2 2023 guidance: net sales $1.425-1.525B, gross margin 12%-14%, EPS $0.12-$0.28.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AMKOR TECHNOLOGY, INC. reported first quarter ended March 31, 2023 results: revenue $1.5 billion, net income $45 million, EPS $0.18.

Period: first quarter ended March 31, 2023
Revenue: $1.5 billion
Net income: $45 million
EPS: $0.18
Result: reported results

Exact text from the filing

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

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AMKOR TECHNOLOGY, INC. reported second quarter 2023 results: revenue $1.425 billion to $1.525 billion, net income $30 million to $70 million, EPS $0.12 to $0.28 per diluted share. Guidance initiated.

Period: second quarter 2023
Revenue: $1.425 billion to $1.525 billion
Net income: $30 million to $70 million
EPS: $0.12 to $0.28 per diluted share
Guidance: initiated
Result: guidance update

Exact text from the filing

Net sales of $1.425 billion to $1.525 billion • Gross margin of 12.0% to 14.0% • Net income of $30 million to $70 million, or $0.12 to $0.28 per diluted share

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Source: SEC EDGAR

accession 0001047127-23-000012

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