Amkor Technology (AMKR) Issues Earnings Results
Amkor Technology (NASDAQ:AMKR) announced its earnings results on Monday. The semiconductor company reported $0.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.04, Fidelity Earnings reports. Amkor Technology had a net margin of 4.55% and a return on equity of 8.97%. The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Amkor Technology updated its Q1 2019 guidance to $-0.27–0.07 EPS.
AMKR opened at $8.54 on Tuesday. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 14.72 and a beta of 1.92. Amkor Technology has a 1-year low of $5.72 and a 1-year high of $11.68. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.38 and a quick ratio of 1.18.
In other news, insider Stephen Douglas Kelley purchased 150,000 shares of the company’s stock in a transaction on Tuesday, December 11th. The stock was acquired at an average cost of $6.33 per share, for a total transaction of $949,500.00. Following the completion of the transaction, the insider now directly owns 168,750 shares in the company, valued at approximately $1,068,187.50. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 57.90% of the company’s stock.
Amkor Technology Company Profile
Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States and internationally. The company offers turnkey packaging and test services, including semiconductor wafer bumps, wafer probes, wafer back-grinds, package design, packaging, and test and drop shipment services.
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