The latest trading session saw Amkor Technology (AMKR) ending at $25.13, denoting a -1.64% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.09%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq depreciated by 0.1%.Shares of the chip packaging and test services provider witnessed a gain of 0.75% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 3.04% and outperforming the S&P 500's loss of 0.29%. ...

Amkor Technology (AMKR) shares have plunged 23.7% year to date, underperforming the Zacks Electronics - Semiconductors industry, Zacks Computer and Technology sector and the S&P 500 index’s return of 33%, 26.3% and 23.9%, respectively.Amkor stock continues to face a steady decline due to prolonged pressure on its top-line growth owing to weakness across traditional servers, networking and automotive end markets. AMKR’s mainstream product segment has been witnessing a year-over-year decline for the consecuti ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Amkor Technology (AMKR) .Amkor Technology currently has an averag ...

Amkor Technology (AMKR) is a Zacks Rank #5 (Strong Sell) after the company missed the Zacks Consensus Estimate when the last reported on October 28. The stock was hit hard after the miss thanks to some soft guidance. The company is in the semiconductor ecosystem providing packaging and test services. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day. Description Amkor Technology, Inc. engages in the provision of outsourced semiconductor packaging and test ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: A. O. Smith Corporation (AOS) is a water heating and treatment company. The Zacks Consensus Estimate for its current year earnings has been revised 7.1% downward over the last 60 days. AerSale Corporation (ASLE) is an aerospace aftermarket services provider. The Zacks Consensus Estimate for its current year earnings has been revised 15.4% downward over the last 60 days. Amkor Technology, Inc. (AMKR) is a semiconductor outsourcing com ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-29472 AMKOR TECHNOLOGY, INC. (Exact name of registrant as specified in its charter) Delaware 23-1722724 (State or other jurisdiction of ...

Amkor Technology (AMKR) reported lower-than-expected bottom-line results for third-quarter 2024. AMKR's third-quarter earnings declined 9.3% year over year to 49 cents per share, which missed the Zacks Consensus Estimate by a penny. Amkor reported revenues of $1.86 billion for the quarter, which surpassed the consensus mark of $1.83 billion. The top line also increased 2.2% year over year, mainly driven by the robust demand for the Advanced SiP technology to support the Communications and Consumer end marke ...

Amkor Technology (NASDAQ: AMKR ) , which specializes in advanced semiconductor packaging, has been doing pretty well overall, especially with growth in its tech solutions. But when we dig into its recent financial results , things are a bit mixed: for Q3, their earningsThe mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid ...

Amkor Technology (NASDAQ: AMKR ) offers outsourced semiconductor packaging and test services, growing its business by leveraging industry megatrends such as 5G, automotive, high-performance computing as well as IoT. I favor the company’s leadership in advanced packaging markets. The recent partnership with TSMC (More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking co ...

Amkor Technology, Inc. (NASDAQ:AMKR) Q3 2024 Earnings Conference Call October 28, 2024 5:00 PM ET Company Participants Jennifer Jue - Vice President, Investor Relations Giel Rutten - President and Chief Executive Officer Megan Faust - Executive Vice President and Chief Financial Officer Conference Call Participants Steven Fox - Fox Advisors Steve Barger - KeyBanc Capital Markets Peter Peng - JPMorgan Craig Ellis - B. Riley Securities Randy Abrams - UBS Thomas Diffely - D.A. Davidson Ross Cole - Needham & Co ...