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home / news releases / AMKR - Amkor Technology -3.9% despite Q1 beats mixed guidance

AMKR - Amkor Technology -3.9% despite Q1 beats mixed guidance

Amkor Technology Inc.
  • Amkor Technology (NASDAQ:AMKR) drops 3.9% despite Q1 beats with 28.5% revenue growth (Y/Y).
  • Q1 highlights – revenue $1.15B (+28.5% Y/Y, -2.1% Q/Q; $40M above estimates), GAAP EPS $0.26 ($0.10 above estimates), gross margin 16.4%, net income $64M, EBITDA $210M.
  • AMKR expects Q2 revenue in the range of ~$1.0B to $1.1B vs. a consensus of $1.05B; EPS in the range of ($0.13) to $0.08 vs. a consensus of ($0.02); gross margin in the range of 9.5% to 13.5%.
  • Full-year 2020 CapEx of ~$550M.
  • Previously: Amkor Technology EPS beats by $0.10, beats on revenue (April 27)
  • More news on: Amkor Technology, Inc., Tech stocks news, Earnings news and commentary, , Stocks on the move,
Stock Information
Company Name: Amkor Technology Inc.
Stock Symbol: AMKR
Market: NASDAQ
Website: amkor.com
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