Amkor Q3 2022 Earnings Report
Key Takeaways
Amkor Technology reported record financial results for Q3 2022, with net sales of $2.1 billion and EPS of $1.24, driven by quality execution of steep production ramps for new high-volume products.
Net sales reached $2.1 billion, a 24% increase year-over-year.
Gross profit was $421 million, with an operating income of $319 million.
Net income was $306 million, resulting in earnings per diluted share of $1.24.
EBITDA stood at $481 million.
Amkor
Amkor
Amkor Revenue by Segment
Forward Guidance
Amkor's guidance for the fourth quarter 2022 includes net sales of $1.80 billion to $1.90 billion, gross margin of 16.0% to 18.0%, and net income of $150 million to $195 million, or $0.60 to $0.80 per diluted share. Full year 2022 capital expenditures are expected to be approximately $900 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income