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Investing.com -- Amkor Technology , Inc. (NASDAQ:AMKR) reported second quarter earnings that exceeded analyst expectations, with the semiconductor packaging provider delivering stronger-than-anticipated revenue and issuing an upbeat outlook that sent shares surging 6.4%.
The company posted adjusted earnings per share of $0.22 for the quarter ended June 30, 2025, beating the analyst consensus of $0.16 by 37.5%. Revenue came in at $1.51 billion, surpassing the $1.42 billion estimate and representing a 3.4% increase YoY. The company noted its quarterly performance was bolstered by double-digit sequential growth across all end markets, with revenue rising 14% from the first quarter.
"We delivered second quarter revenue of $1.51 billion, up 14% sequentially and above the high end of guidance, with double-digit growth across all end markets," said Giel Rutten, Amkor’s president and chief executive officer.
Looking ahead, Amkor provided third quarter revenue guidance of $1.875-1.975 billion, significantly above the analyst consensus of $1.757 billion. The midpoint of this guidance range ($1.925 billion) exceeds analyst expectations by approximately 9.6%.
The company’s quarterly results included a $32 million net benefit to operating income due to a contingency payment related to its 2017 acquisition of Nanium, which contributed $0.07 to earnings per share.
Amkor maintained a strong balance sheet with $2.0 billion in cash and short-term investments against $1.6 billion in total debt as of June 30. The company plans to repay $223 million in debt in July 2025 and paid a quarterly dividend of $0.08269 per share on June 25.
For the full year 2025, Amkor expects capital expenditures of approximately $850 million as it continues to strengthen its strategic position in artificial intelligence, high-performance computing, and other emerging technologies.
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