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Mar 31, 2023
Amkor Q1 2023 Earnings Report
Amkor's financial performance exceeded expectations, driven by growth in the Automotive, Industrial, and Communications end markets.
Key Takeaways
Amkor Technology reported net sales of $1.5 billion and net income of $45 million for Q1 2023. The company's revenue and profitability were above the midpoint of guidance, with year-on-year growth in the Automotive, Industrial, and Communications end markets.
Net sales reached $1.5 billion.
Gross profit was $194 million, with an operating income of $69 million.
Net income stood at $45 million, resulting in earnings per diluted share of $0.18.
EBITDA amounted to $229 million.
Revenue by Segment
Forward Guidance
Amkor’s guidance for the second quarter 2023 includes net sales of $1.425 billion to $1.525 billion, gross margin of 12.0% to 14.0%, and net income of $30 million to $70 million, or $0.12 to $0.28 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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