Amkor Technology, Inc. (NASDAQ:AMKR) announced its earnings results on Monday. The semiconductor company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.20 by $0.03, reports. Amkor Technology had a return on equity of 12.95% and a net margin of 6.63%. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the prior year, the company earned $0.25 EPS. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. Amkor Technology updated its Q4 guidance to $0.14-0.23 EPS.

Amkor Technology (NASDAQ:AMKR) traded up 1.28% on Monday, reaching $11.09. The company had a trading volume of 1,324,042 shares. Amkor Technology has a one year low of $8.32 and a one year high of $12.48. The company’s 50 day moving average is $10.35 and its 200-day moving average is $10.43. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of 10.01 and a beta of 2.66.

Several equities research analysts recently commented on the company. Deutsche Bank AG restated a “hold” rating and set a $10.50 target price (down previously from $12.00) on shares of Amkor Technology in a research report on Tuesday, August 1st. BidaskClub lowered Amkor Technology from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Finally, ValuEngine upgraded Amkor Technology from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st.

WARNING: This piece of content was originally published by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of US and international copyright law. The correct version of this piece of content can be viewed at

About Amkor Technology

Amkor Technology, Inc is a provider of outsourced semiconductor packaging and test services. The Company’s packaging and test services are designed to meet application and chip specific requirements, including the type of interconnect technology; size, thickness and electrical, and mechanical and thermal performance.

Earnings History for Amkor Technology (NASDAQ:AMKR)

Receive News & Ratings for Amkor Technology Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology Inc. and related companies with's FREE daily email newsletter.