Amkor Technology Reports Financial Results for the Third Quarter 2017

Third Quarter Highlights

  • Net sales $1,135 million, up 15% sequentially
  • Gross margin 19.1%
  • Net income $54 million, earnings per diluted share $0.23
  • EBITDA $243 million
  • Redemption of $200 million of Senior Notes due 2021, with annualized interest savings of approximately $13 million

TEMPE, Ariz. — (BUSINESS WIRE) — October 30, 2017 — 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, 2017.

"We achieved record sales in the third quarter, up 15% sequentially and 5% year-over-year," said Steve Kelley, Amkor's president and chief executive officer. "Demand was strong in nearly all end markets, and our factories executed well.”

         
Results   Q3 2017     Q2 2017     Q3 2016
($ in millions, except per share data)
Net sales $ 1,135 $ 989 $ 1,086
Gross margin 19.1 % 17.4 % 19.7 %
Net income attributable to Amkor $ 54 $ 116 $ 60
Earnings per diluted share $ 0.23 $ 0.48 $ 0.25
EBITDA** $ 243 $ 316 $ 249
Net cash provided by operating activities $ 214 $ 97 $ 219
Free cash flow** $ 74 $ 43 $ 106
 

1 | 2 | 3 | 4 | 5 | 6  Next Page »



Review Article Be the first to review this article


Featured Video
Jobs
Design Engineer (Engineer 1/2) for Los Alamos National Laboratory at Los Alamos,, New Mexico
Architect for Hutton at Wichita, Afghanistan
3D Designer and Developer for Los Alamos National Laboratory at Los Alamos,, New Mexico
Failure Analysis Engineer for Flextronics at Milpitas, California
Structural Engineer for Kiewit at Lenexa, Kansas
Mechanical Engineer for Flextronics at Milpitas, California
Upcoming Events
ACM SIGSPATIAL 2020 at Seattle WA - Nov 3 - 6, 2020
Health GIS: STAR (Spatial Thinking in Applied Research) at Online event Calgary Alberta Canada - Nov 18, 2020
Landslides & Geohazards at CO - Nov 20, 2020
University of Denver GIS Masters Degree Online



© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise