earnings
confidence high
sentiment negative
materiality 0.70
Amkor Q2 net income falls to $64M from $125M YoY; guides Q3 sales $1.73B-$1.83B
AMKOR TECHNOLOGY, INC.
2023-Q2 EPS reported
$0.44
revenue$2,929,461,000
- Net sales $1.46B, down from $1.51B YoY; gross margin 12.8% vs 16.6%.
- Net income $64M ($0.26 diluted EPS) vs $125M ($0.51) YoY; operating income $76M vs $143M.
- Q3 2023 guidance: net sales $1.725-$1.825B, gross margin 13.5%-15.5%, EPS $0.36-$0.53.
- Full-year 2023 capex expected ~$750M; cash $1.2B, debt $1.1B as of June 30.
- Quarterly dividend of $0.075 per share paid June 26; EBITDA $245M vs $302M YoY.