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Amkor (NASDAQ:AMKR) Surprises With Q3 Sales But Stock Drops 15.4%

Semiconductor packaging and testing company Amkor Technology (NASDAQ:AMKR) beat analysts' expectations in Q3 FY2023, with revenue down 12.6% year on year to $1.82 billion. However, next quarter's revenue guidance of $1.68 billion was less impressive, coming in 10.6% below analysts' estimates. Turning to EPS, Amkor made a GAAP profit of $0.54 per share, down from its profit of $1.24 per share in the same quarter last year. ....

Giel Rutten , Semiconductor Manufacturing , Amkor Technology , Cash Flow , Days Outstanding , Amkor Technologies , Inventory Outstanding ,