Amkor Q1 2023 Earnings Report
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.
Amkor
Amkor
Amkor 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