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Dec 31, 2024
Amkor Q4 2024 Earnings Report
Key Takeaways
Amkor Technology reported Q4 2024 revenue of $1.63 billion, a decline from $1.75 billion in Q4 2023. Net income for the quarter was $106 million, with EPS at $0.43. Operating income was $134 million, reflecting a decrease from the prior year. The company saw record revenue in its computing segment but faced weakness in automotive, industrial, and communications markets. Advanced Products contributed the majority of sales, while Mainstream Products saw a decline.
Revenue by Segment
Forward Guidance
Amkor expects Q1 2025 revenue between $1.225 billion and $1.325 billion, with a gross margin of 10.0% to 13.0%. Net income is projected between $3 million and $43 million.
Positive Outlook
- Record revenue achieved in computing driven by AI and ARM-based PCs.
- Successful ramp-up of Vietnam facility enhances manufacturing capabilities.
- CHIPS Act funding secured to support U.S. semiconductor manufacturing.
- Continued investment in advanced packaging technologies.
- Expanding geographic footprint to support industry megatrends.
Challenges Ahead
- Weakness persists in automotive and industrial end markets.
- Declining revenue in communications sector compared to prior year.
- Operating income margin contracted compared to Q4 2023.
- Free cash flow declined compared to the previous year.
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
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