Amkor Technology, Inc. (NASDAQ:AMKR) posted its quarterly earnings data on Monday. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03, reports. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.08 billion. Amkor Technology had a net margin of 6.41% and a return on equity of 12.32%. The firm’s revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.25 earnings per share. Amkor Technology updated its Q4 guidance to $0.14-0.23 EPS.

Shares of Amkor Technology (NASDAQ:AMKR) opened at 11.57 on Wednesday. The firm’s 50-day moving average is $10.42 and its 200-day moving average is $10.44. The company has a market cap of $2.77 billion, a PE ratio of 10.44 and a beta of 2.66. Amkor Technology has a 1-year low of $8.32 and a 1-year high of $12.48.

A number of equities analysts recently issued reports on the stock. ValuEngine raised shares of Amkor Technology from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Deutsche Bank AG reissued a “hold” rating and issued a $10.50 price objective (down previously from $12.00) on shares of Amkor Technology in a report on Tuesday, August 1st. Finally, BidaskClub cut shares of Amkor Technology from a “buy” rating to a “hold” rating in a research note on Saturday, August 5th.

TRADEMARK VIOLATION WARNING: This article was published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this article can be viewed at

Amkor Technology Company Profile

Amkor Technology, Inc is a provider of outsourced semiconductor packaging and test services. The Company’s packaging and test services are designed to meet application and chip specific requirements, including the type of interconnect technology; size, thickness and electrical, and mechanical and thermal performance.

Earnings History for Amkor Technology (NASDAQ:AMKR)

Receive News & Ratings for Amkor Technology Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.