Amkor Technology: Q2 Earnings Snapshot

TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Amkor Technology Inc. (AMKR) on Monday reported second-quarter net income of $64.3 million.

The Tempe, Arizona-based company said it had net income of 26 cents per share.

The chip packaging and test services provider posted revenue of $1.46 billion in the period.

For the current quarter ending in September, Amkor Technology said it expects revenue in the range of $1.73 billion to $1.83 billion.

Amkor Technology shares have climbed 21% since the beginning of the year. In the final minutes of trading on Monday, shares hit $29.09, a climb of 44% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMKR at https://www.zacks.com/ap/AMKR

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up