Amkor Technology (AMKR) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS
Amkor Technology (NASDAQ:AMKR) issued its quarterly earnings data on Monday. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.04, ARN reports. The company had revenue of $755.00 million for the quarter, compared to the consensus estimate of $758.88 million. During the same quarter in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. Amkor Technology updated its Q1 guidance to ($0.02)-$0.08 EPS.
Shares of Amkor Technology (NASDAQ:AMKR) traded up 2.50% during mid-day trading on Monday, hitting $5.32. 1,112,434 shares of the company’s stock traded hands. Amkor Technology has a 1-year low of $3.55 and a 1-year high of $6.19. The stock’s 50-day moving average is $5.71 and its 200-day moving average is $5.01. The company has a market cap of $1.159 billion and a price-to-earnings ratio of 13.91.
Amkor Technology, Inc (NASDAQ:AMKR) is a provider of outsourced semiconductor packaging (assembly) and test services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.