Amkor Q3 revenue $1.86B (+27% seq); EPS $0.49; guides Q4 rev $1.60-1.70B

AMKOR TECHNOLOGY, INC.

2024-Q3 EPS reported $1.00 revenue$4,688,574,000

Net sales $1.86B, up 27% sequentially; gross margin 14.6% vs 14.5% in Q2 2024.
Net income $123M ($0.49 diluted EPS) vs $67M ($0.27) in Q2 2024.
Operating income $149M (8.0% margin) vs $82M (5.6%) in Q2 2024.
Q4 2024 guidance: net sales $1.60-1.70B; gross margin 13.5%-15.5%; EPS $0.28-$0.44.
Cash and short-term investments $1.5B; total debt $1.1B; quarterly dividend $0.07875/sh paid Sep 23, 2024.

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