TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Amkor Technology Inc. (AMKR) on Monday reported first-quarter earnings of $45.4 million.
The Tempe, Arizona-based company said it had net income of 18 cents per share.
The chip packaging and test services provider posted revenue of $1.47 billion in the period.
For the current quarter ending in June, Amkor Technology said it expects revenue in the range of $1.43 billion to $1.53 billion.
Amkor Technology shares have fallen roughly 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $22.37, a rise of 19% in the last 12 months.
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