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Dec 31, 2022

Amkor Q4 2022 Earnings Report

Amkor's Q4 2022 financial results were reported, featuring record net sales and solid profitability.

Key Takeaways

Amkor Technology reported record fourth-quarter net sales of $1.91 billion, up 11% year-on-year, and net income of $164 million, with earnings per diluted share of $0.67.

Record fourth quarter net sales of $1.91 billion, up 11% year-on-year.

Net income was $164 million, with earnings per diluted share at $0.67.

Full year revenue reached a record $7.09 billion, a 16% increase year-on-year.

Strategic focus on advanced packaging and geographic diversity positions the company well.

Total Revenue
$1.91B
Previous year: $1.73B
+10.5%
EPS
$0.67
Previous year: $0.88
-23.9%
Communications Revenue
50%
Previous year: 42%
+19.0%
Automotive/Industrial Revenue
20%
Previous year: 20%
+0.0%
Computing Revenue
13%
Previous year: 16%
-18.8%
Gross Profit
$334M
Previous year: $362M
-7.7%
Cash and Equivalents
$959M
Previous year: $827M
+16.0%
Free Cash Flow
$194M
Previous year: $201M
-3.6%
Total Assets
$6.82B
Previous year: $6.04B
+13.0%

Amkor

Amkor

Amkor Revenue by Segment

Forward Guidance

Amkor's guidance for the first quarter 2023 includes net sales of $1.40 billion to $1.50 billion, gross margin of 10.5% to 13.5%, and net income of $15 million to $55 million, or $0.06 to $0.22 per diluted share.

Revenue & Expenses

Visualization of income flow from segment revenue to net income