Amkor Technology Reports Financial Results for the Third Quarter 2018

Third Quarter Highlights

  • Third quarter net sales $1,144 million, up 7% sequentially
  • Net Income $57 million, earnings per diluted share $0.24
  • EBITDA $235 million, up 13% sequentially
  • Completed debt refinancing, reducing interest expense by $11 million annually

TEMPE, Ariz. — (BUSINESS WIRE) — October 29, 2018 — Amkor Technology, Inc. (NASDAQ: AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the third quarter ended September 30, 2018.

"Third quarter revenue grew 7% sequentially, reflecting strength in mobile communications," said Steve Kelley, Amkor's CEO.

Results   Q3 2018   Q2 2018   Q3 2017
  ($ in millions, except per share data)
Net sales $1,144   $1,066   $1,149
Gross margin 17.5% 15.9% 19.5%
Net income attributable to Amkor $57 $33 $59
Earnings per diluted share $0.24 $0.14 $0.25
EBITDA 1 $235 $208 $251

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