Amkor Technology Earnings Calls

Q4 2024 Beat
$0.430 (16.22%)
Release date Feb 10, 2025
EPS estimate $0.370
EPS actual $0.430
EPS Surprise 16.22%
Revenue estimate 1.661B
Revenue actual 1.629B
Revenue Surprise -1.90%
Q3 2024 Missed
$0.490 (-2.00%)
Release date Oct 28, 2024
EPS estimate $0.500
EPS actual $0.490
EPS Surprise -2.00%
Revenue estimate 1.82B
Revenue actual 1.862B
Revenue Surprise 2.30%
Q2 2024 Beat
$0.270 (17.39%)
Release date Jul 29, 2024
EPS estimate $0.230
EPS actual $0.270
EPS Surprise 17.39%
Revenue estimate 1.453B
Revenue actual 1.461B
Revenue Surprise 0.564%
Q1 2024 Beat
$0.190 (72.73%)
Release date Apr 29, 2024
EPS estimate $0.110
EPS actual $0.190
EPS Surprise 72.73%
Revenue estimate 1.357B
Revenue actual 1.366B
Revenue Surprise 0.655%

Last 4 Quarters for Amkor Technology

Below you can see how AMKR performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.

Q1 2024 Beat
Release date Apr 29, 2024
Fiscal end date Mar 31, 2024
Price on release $31.47
EPS estimate $0.110
EPS actual $0.190
EPS surprise 72.73%
Date Price
Apr 23, 2024 $29.46
Apr 24, 2024 $29.86
Apr 25, 2024 $30.09
Apr 26, 2024 $30.62
Apr 29, 2024 $31.47
Apr 30, 2024 $32.35
May 01, 2024 $30.33
May 02, 2024 $31.66
May 03, 2024 $32.34
4 days before 6.82%
4 days after 2.76%
On release day 2.80%
Change in period 9.78%
Q2 2024 Beat
Release date Jul 29, 2024
Fiscal end date Jun 30, 2024
Price on release $37.60
EPS estimate $0.230
EPS actual $0.270
EPS surprise 17.39%
Date Price
Jul 23, 2024 $41.09
Jul 24, 2024 $38.96
Jul 25, 2024 $38.18
Jul 26, 2024 $38.15
Jul 29, 2024 $37.60
Jul 30, 2024 $30.51
Jul 31, 2024 $32.66
Aug 01, 2024 $30.01
Aug 02, 2024 $28.63
4 days before -8.49%
4 days after -23.86%
On release day -18.86%
Change in period -30.32%
Q3 2024 Missed
Release date Oct 28, 2024
Fiscal end date Sep 30, 2024
Price on release $29.53
EPS estimate $0.500
EPS actual $0.490
EPS surprise -2.00%
Date Price
Oct 22, 2024 $29.97
Oct 23, 2024 $29.48
Oct 24, 2024 $29.37
Oct 25, 2024 $29.88
Oct 28, 2024 $29.53
Oct 29, 2024 $27.98
Oct 30, 2024 $26.73
Oct 31, 2024 $25.45
Nov 01, 2024 $26.00
4 days before -1.47%
4 days after -11.95%
On release day -5.25%
Change in period -13.25%
Q4 2024 Beat
Release date Feb 10, 2025
Fiscal end date Dec 31, 2024
Price on release $24.36
EPS estimate $0.370
EPS actual $0.430
EPS surprise 16.22%
Date Price
Feb 04, 2025 $24.26
Feb 05, 2025 $24.90
Feb 06, 2025 $24.60
Feb 07, 2025 $24.40
Feb 10, 2025 $24.36
Feb 11, 2025 $21.60
Feb 12, 2025 $21.85
Feb 13, 2025 $22.19
Feb 14, 2025 $22.51
4 days before 0.412%
4 days after -7.59%
On release day -11.35%
Change in period -7.21%

Amkor Technology Earnings Call Transcript Summary of Q4 2024

Q4 Performance

Revenue for Q4 2024 was $1.63 billion and EPS was $0.43.

Full-year revenue was $6.3 billion, marking a 3% decline from the previous year.

The company faced challenges in the Automotive and Industrial sectors, which did not improve as expected.

Key Milestones

  • Advanced Packaging revenue rose by 3% year-over-year.
  • Advanced SiP revenue reached a record $3.1 billion.
  • Significant growth in Computing, achieving a record $1.2 billion driven mainly by ARM-based PCs and AI GPU technology.
  • Successful qualification of the Vietnam facility for production and securing $407 million in CHIPS funding for a new facility in Arizona.

End Market Insights

  • Communications:
    • Q4 revenue declined 25% sequentially due to changes in iOS phone build patterns.
    • Full-year revenue was down 7%, but recovery is anticipated in H2 2025.
  • Computing:
    • Revenue increased 13% sequentially and 16% year-over-year.
    • Continued demand for AI GPUs, but short-term adjustments expected due to supply chain dynamics.
  • Automotive:
    • Q4 revenue declined 8% sequentially.
    • Full-year revenue was down 16%, a continuing trend over seven quarters. Expected recovery in Advanced Packaging for Automotive in 2025.
  • Consumer:
    • Revenue rose 10% for the full year, driven by wearable technology.

Q1 2025 Outlook

  • Revenue forecasted at $1.275 billion, reflecting a 7% year-over-year decline.
  • Expected to face challenges primarily from the Communications segment.
  • Gross margin projected between 10-13% with operating expenses estimated at $120 million.

2025 Full-Year Expectations

  • Anticipated a muted first half followed by stronger growth in the second half, driven by a recovery in iOS phone content.
  • Total company revenue projected to show flat to low single-digit growth.

Investment Strategy

  • 2025 CapEx forecast of $850 million focused on expanding 2.5D capacity, Advanced SiP, and facilities construction.
  • Opportunities identified in testing, ADAS, and infotainment sectors within Automotive.
  • Strong focus on maintaining cost discipline amidst challenges.

Market Trends

  • Continuous growth expected in AI applications across various segments, particularly in edge devices.
  • Anticipated improvements in the Automotive sector despite recent declines.

Risks and Considerations

  • Uncertainties related to global economic conditions, geopolitical factors, and market demand.
  • Tax rate expected to increase to approximately 20% due to global tax regulation changes.

Management Confidence

Leadership expressed optimism about recovering key sockets in Communications and leveraging project pipelines across multiple sectors.

Amkor Technology Earnings History

Earnings Calendar

FAQ

When is the earnings report for AMKR?
Amkor Technology (AMKR) has scheduled its earnings report for May 05, 2025 before the markets open.

What is the AMKR price-to-earnings (P/E) ratio?
AMKR P/E ratio as of Mar 14, 2025 (TTM) is 13.65.

What is the AMKR EPS forecast?
The forecasted EPS (Earnings Per Share) for Amkor Technology (AMKR) for the first fiscal quarter 2025 is $0.100.

What are Amkor Technology's retained earnings?
On its balance sheet, Amkor Technology reported retained earnings of $1.63 billion for the latest quarter ending Dec 31, 2024.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
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ABOUT AMKOR TECHNOLOGY
Amkor Technology
Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the rest of the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, and test and drop shipment services. The company also provides flip chip-scale package products for use in smartphones, tablets,...
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