US0316521006 - Common Stock
AMKOR TECHNOLOGY INC
NASDAQ:AMKR (11/15/2024, 8:00:00 PM)
After market: 25.19 0 (0%)25.19
-0.83 (-3.19%)
Amkor Technology, Inc. engages in the provision of outsourced semiconductor packaging and test services. The company is headquartered in Tempe, Arizona and currently employs 28,700 full-time employees. The firm is engaged in the outsourcing of semiconductor packaging and test services. The company designs and develops packaging and test technologies focused on advanced packaging solutions, including artificial intelligence. Its packaging and test services are designed to meet application and chip-specific requirements, including: the required type of interconnect technology; size; thickness; and electrical, mechanical, and thermal performance. The company provides turnkey packaging and test services including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test and drop shipment services. The firm offers services to integrated device manufacturers (IDMs), fabless semiconductor companies, original equipment manufacturers (OEMs) and contract foundries. The company allows IDMs to outsource packaging and test services and focus their investments.
AMKOR TECHNOLOGY INC
2045 East Innovation Circle
Tempe ARIZONA 85284
P: 14808215000
CEO: Guillaume Marie Jean Rutten
Employees: 28700
Website: https://www.amkor.com/
Shares of semiconductor packaging and testing company Amkor Technology (NASDAQ:AMKR) fell 21.2% in the afternoon session after the company reported underwhelming third-quarter earnings results, with revenue and EPS guidance for the next quarter falling below analysts' expectations, sending shares lower. In addition, EPS and EBITDA missed, suggesting that profitability might be under pressure.
The US market regular session of Monday is over, let's have a look at the top gainers and losers in the after hours session today.
Semiconductor packaging and testing company Amkor Technology (NASDAQ:AMKR) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 2.2% year on year to $1.86 billion. On the other hand, next quarter’s revenue guidance of $1.65 billion was less impressive, coming in 10.5% below analysts’ estimates. Its GAAP profit of $0.49 per share was 1.7% below analysts’ consensus estimates.
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