Loading...
•
Jun 30, 2023
Amkor Q2 2023 Earnings Report
Amkor's second quarter performance was in line with expectations, with demand for Advanced packaging solutions driving sequential growth in both the Computing and Consumer end markets.
Key Takeaways
Amkor Technology's Q2 2023 net sales reached $1.46 billion, with a net income of $64 million and earnings per diluted share of $0.26. The company's performance was driven by demand for advanced packaging solutions, particularly in the computing and consumer end markets.
Net sales were $1.46 billion.
Gross profit was $187 million, with an operating income of $76 million.
Net income reached $64 million, resulting in earnings per diluted share of $0.26.
EBITDA amounted to $245 million.
Revenue by Segment
Forward Guidance
Amkor’s guidance for the third quarter 2023 includes net sales of $1.725 billion to $1.825 billion, gross margin of 13.5% to 15.5%, and net income of $90 million to $130 million, or $0.36 to $0.53 per diluted share. Full year 2023 capital expenditures are expected to be approximately $750 million.
Positive Outlook
- Net sales of $1.725 billion to $1.825 billion
- Gross margin of 13.5% to 15.5%
- Net income of $90 million to $130 million
- Earnings per diluted share of $0.36 to $0.53
- Full year 2023 capital expenditures of approximately $750 million
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
Loading earnings performance data...
Loading earnings reaction data...