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Amkor Tech -13%, Q3 2024 GAAP EPS $0.49 Misses $0.50 Estimate

Benzinga ·  Oct 28 16:12

$Amkor Technology (AMKR.US)$ reported quarterly earnings of $0.49 per share which missed the analyst consensus estimate of $0.50 by 2 percent. It was a 9.26 percent decrease over earnings of $0.54 per share from  Q3 2023. The firm said it expects Q4 net sales of $1.60-$1.70B.

The company reported quarterly sales of $1.86 billion which beat the analyst consensus estimate of $1.84 billion by 1.20 percent.  This is a 2.20 percent increase over sales of $1.82 billion the same period last year.

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