financetom
Business
financetom
/
Business
/
Amkor Technology Q4 Earnings, Sales Decline; Q1 Outlook Issued -- Shares Drop After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cronos Group Appoints New CFO
Cronos Group Appoints New CFO
Mar 19, 2025
08:01 AM EDT, 03/19/2025 (MT Newswires) -- Cronos Group ( CRON ) said Wednesday it has appointed Anna Shlimak as chief financial officer. Shlimak will succeed James Holm, who is stepping down to pursue other opportunities, the company said. Holm will remain with the company through April 18 for the transition. Shlimak was previously the company's chief strategy officer and...
Exclusive-EU proposes cutting steel imports by 15% as Trump tariffs bite
Exclusive-EU proposes cutting steel imports by 15% as Trump tariffs bite
Mar 19, 2025
BRUSSELS (Reuters) - The European Union will tighten steel import quotas to reduce inflows by a further 15% from April, a senior EU official said on Wednesday, in a move aimed at preventing cheap steel flooding the European market after Washington imposed new tariffs. European steel producers already battling high energy prices and competition from Asia and elsewhere warn that...
Nabors Industries CFO William Restrepo to Retire; Miguel Rodriguez Named Successor
Nabors Industries CFO William Restrepo to Retire; Miguel Rodriguez Named Successor
Mar 19, 2025
08:01 AM EDT, 03/19/2025 (MT Newswires) -- Nabors Industries ( NBR ) said Wednesday that Chief Financial Officer William Restrepo has decided to retire, effective Sept. 30. Restrepo will remain available as a strategic adviser to Nabors CEO and Chairman Anthony Petrello on that date, the company said. The company's Senior Vice President of Operations Finance Miguel Rodriguez will assume...
Taboola Refinances Debt With New $270 Million Revolving Credit Facility
Taboola Refinances Debt With New $270 Million Revolving Credit Facility
Mar 19, 2025
07:59 AM EDT, 03/19/2025 (MT Newswires) -- Taboola.com ( TBLA ) said Wednesday that it has entered a new $270 million revolving credit facility. The company said it used the proceeds from the credit facility to pay off the remaining $123.2 million of outstanding principal and accrued interest on its previous term loan. Taboola said the new credit facility provides...
Copyright 2023-2026 - www.financetom.com All Rights Reserved