Amkor Technology, Inc. (NASDAQ:AMKR) Q2 2024 Earnings Conference Call July 29, 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 Thomas Diffely - D.A. Davidson Charles Shi - Needham & Company Randy Abrams - UBS Craig Ellis - B. Riley Securities Ben Reitzes - Melius Research Toshiya Hari - Goldman Sachs Krish Sankar - TD Cowen ...

Amkor Technology (AMKR) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.73%. A quarter ago, it was expected that this chip packaging and test services provider would post earnings of $0.10 per share when it actually produced earnings of $0.24, delivering a surprise of 140%.Over the ...

Amkor Technology Reports Financial Results for the Second Quarter 2024 TEMPE, Ariz. -- July 29, 2024 -- Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights • Net sales $1.46 billion • Gross profit $212 million, operating income $82 million • Net income $67 million, earnings per diluted share $0.27 • EBITDA $247 million "Amkor delivered second quarte ...

Amkor Technology, Inc. (AMKR) , the world's largest independent provider of semiconductor packaging and test services, is scheduled to report second-quarter 2024 results on Jul 29 after market close.Amkor forecasts revenues between $1.4 billion and $1.5 billion for the second quarter. The Zacks Consensus Estimate for revenues is pegged at $1.45 billion, which is marginally lower than the year-ago quarter’s revenues of $1.46 billion.Amkor expects second-quarter earnings in the range of 14-30 per share. The c ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Amkor Technology (AMKR) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 29, 2024, might help the stock move higher if these key numbers are better than expe ...

Amkor Technology (AMKR) ended the recent trading session at $41.41, demonstrating a +0.46% swing from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.78%. Elsewhere, the Dow saw a downswing of 1.29%, while the tech-heavy Nasdaq depreciated by 0.7%.Shares of the chip packaging and test services provider witnessed a gain of 2.82% over the previous month, beating the performance of the Computer and Technology sector with its loss of 3.17% and the S&P 500's gain of 2.14%.The ...

In the latest market close, Amkor Technology (AMKR) reached $42.12, with a +0.43% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.55%. Elsewhere, the Dow gained 0.62%, while the tech-heavy Nasdaq added 0.63%.Heading into today, shares of the chip packaging and test services provider had gained 19.56% over the past month, outpacing the Computer and Technology sector's gain of 5.73% and the S&P 500's gain of 4.28% in that time.The investment community wi ...

Amkor Technology (AMKR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this chip packaging and test services provider have returned +20.2% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Electronics - Semiconductors industry, to which Amkor Technology belongs, has gained 6.4% over this period. Now the key question is: Whe ...

Amkor Technology (AMKR) closed at $39.09 in the latest trading session, marking a -0.2% move from the prior day. This change lagged the S&P 500's 0.16% gain on the day. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq increased by 0.49%.Coming into today, shares of the chip packaging and test services provider had gained 17.07% in the past month. In that same time, the Computer and Technology sector gained 5.94%, while the S&P 500 gained 3.22%.The investment community ...

Have you been paying attention to shares of Amkor Technology (AMKR) ? Shares have been on the move with the stock up 22.2% over the past month. The stock hit a new 52-week high of $40.58 in the previous session. Amkor Technology has gained 20.5% since the start of the year compared to the 26.1% move for the Zacks Computer and Technology sector and the 34.8% return for the Zacks Electronics - Semiconductors industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises ...