Amkor Q4 2021 Earnings Report
Key Takeaways
Amkor Technology reported record financial results for the fourth quarter and full year 2021, with Q4 net sales reaching $1.72 billion, a 26% increase year-over-year, and EPS of $0.88. The company achieved record annual revenue of $6.14 billion and EPS of $2.62.
Record net sales of $1.72 billion, up 26% year-over-year.
Record gross profit of $362 million and operating income of $252 million.
Record net income of $217 million and earnings per diluted share of $0.88.
Full year revenue reached a record $6.14 billion, a 22% increase year-over-year.
Amkor
Amkor
Amkor Revenue by Segment
Forward Guidance
Amkor's guidance for the first quarter 2022 includes net sales of $1.50 billion to $1.60 billion, gross margin of 17.5% to 20.0%, and net income of $115 million to $165 million, or $0.45 to $0.65 per diluted share. Full year 2022 capital expenditures are expected to be around $950 million.
Positive Outlook
- Net sales of $1.50 billion to $1.60 billion
- Gross margin of 17.5% to 20.0%
- Net income of $115 million to $165 million
- EPS of $0.45 to $0.65 per diluted share
- Full year 2022 capital expenditures to be around $950 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income