Recap: Amkor Tech Q4 Earnings

Amkor Tech AMKR reported its Q4 earnings results on Monday, February 5, 2024 at 04:03 PM.

Here's what investors need to know about the announcement.

Amkor Tech beat estimated earnings by 17.07%, reporting an EPS of $0.48 versus an estimate of $0.41.

Revenue was down $154.00 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 2.05% increase in the share price the next day.

Here's a look at Amkor Tech's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.53	0.21	0.18	0.70
EPS Actual	0.54	0.26	0.18	0.67
Revenue Estimate	1.80B	1.48B	1.45B	1.85B
Revenue Actual	1.82B	1.46B	1.47B	1.91B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Amkor Tech management provided guidance for Q1 2024, expecting earnings between $0.03 and $0.19 per share.

To track all earnings releases for Amkor Tech visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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