Jim Cramer Says “Amkor is Good”

Core Insights - Amkor Technology, Inc. (NASDAQ:AMKR) is recognized for its semiconductor packaging and testing services, including advanced chip, wafer, and system-in-package solutions [1] - The company announced a 1% increase in its dividend to $0.08352 per share, with the next payment scheduled for December 23 [1] - For the fourth quarter, Amkor expects revenues between $1.775 billion and $1.875 billion, which is 8% lower than Q3 but represents a 12% year-over-year increase at the mid-point [2] - The anticipated net income for the fourth quarter is projected to be between $95 million and $120 million, translating to an expected earnings per share of $0.38 to $0.48 [2] Financial Performance - The recent dividend increase reflects the company's commitment to returning value to shareholders [1] - The revenue guidance for Q4 indicates a decline from Q3 but shows growth compared to the previous year, highlighting resilience in the business [2] - The expected earnings per share range suggests a stable profit outlook despite the anticipated revenue dip [2]