Amkor's revenue dropped 8.1% YoY, indicating a deepening dow...

Moomoo AI Feb 6, 2024 05:33

Amkor's revenue dropped 8.1% YoY, indicating a deepening downcycle. Despite strong inventory and operating margin improvements, its revenue guidance missed expectations and gross margin shrunk, leading to a 7.1% stock drop.

Amkor (NASDAQ:AMKR) Q4: Beats On Revenue But Stock Drops On Weak Guidance

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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