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Amkor Technology Q4 Earnings, Sales Decline; Q1 Outlook Issued -- Shares Drop After Hours
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Amkor Technology Q4 Earnings, Sales Decline; Q1 Outlook Issued -- Shares Drop After Hours
Feb 10, 2025 1:41 PM

04:14 PM EST, 02/10/2025 (MT Newswires) -- Amkor Technology ( AMKR ) reported Q4 earnings late Monday of $0.43 per diluted share, down from $0.48 a year earlier.

Analysts surveyed by FactSet expected $0.37.

Net sales for the quarter ended Dec. 31 were $1.63 billion, down from $1.75 billion a year earlier.

Analysts polled by FactSet expected $1.66 billion.

For Q1, the company said it expects earnings of $0.01 to $0.17 per share on net sales of $1.23 billion to $1.33 billion. Analysts polled by FactSet expect $0.28 and $1.42 billion, respectively.

The company's shares dropped nearly 8% in recent after-hours activity.

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