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Investing.com -- Amkor Technology , Inc. (NASDAQ:AMKR) reported first-quarter 2025 results that exceeded revenue expectations, sending shares up 5.3% in after-hours trading. The semiconductor packaging and test services provider also issued upbeat revenue guidance for the second quarter.
Amkor posted revenue of $1.32 billion for the quarter ended March 31, 2025, surpassing analyst estimates of $1.28 billion. However, this represents a 3.2% decrease compared to $1.366 billion in the same quarter last year. Adjusted earnings per share (EPS) came in at $0.09, meeting analyst expectations.
For the second quarter, Amkor forecasts revenue between $1.375 billion and $1.475 billion, above the consensus estimate of $1.332 billion. The company expects EPS in the range of $0.07 to $0.23, with the midpoint of $0.15 falling below the analyst consensus of $0.18.
"Amkor delivered first quarter results in line with expectations, with revenue of $1.32 billion and EPS of $0.09," said Giel Rutten, Amkor’s president and chief executive officer. "We are closely monitoring the evolving landscape with tariffs and trade regulations and potential impacts on our customers’ supply chains."
The company’s gross margin for Q1 2025 was 11.9%, down from 14.8% in the same quarter last year. Operating income decreased to $32 million from $73 million YoY.
Amkor maintained a strong balance sheet with $1.6 billion in cash and short-term investments and total debt of $1.1 billion as of March 31, 2025.
The company also announced it paid a quarterly dividend of $0.08269 per share on April 2, 2025.
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