Amkor Posts 76-Cent Q3 EPS as Advanced Packaging Demand Builds
AMKR sits 25% above its 52-week low of $29.5 on elevated volume (4.0× avg).
Summary
Amkor reported third-quarter EPS of 76 cents on sales of $1.99B, a top line that slightly missed estimates on weak Communications. That compares with 70 cents in Q2, when the company posted record results on $1.9B in revenue and lifted full-year capex guidance to $3B. The sequential step-up suggests the packaging and test ramp behind its multi-year capacity agreements is starting to show up in per-share earnings. The company guided fourth-quarter EPS to 65 cents to 75 cents on sales of $1.9B to $2B, and put full-year 2026 capital expenditures at approximately $2.5B. It carried $2.4B in cash against $2.5B in debt. Amkor disclosed $3B in multi-year capacity agreements with NVIDIA on October 21, spanning the Arizona campus and a newly added South Korean site, and is expanding Arizona with a Phase 2 that adds 60,000 square meters of cleanroom space.
At the time of this announcement, AMKR was trading at $36.88 on NASDAQ in the Technology sector, with a market capitalization of approximately $9.1B. The 52-week trading range was $29.50 to $96.68. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.