Amkor Technology surpassed Q1 2024 revenue.

Amkor Technology, the world's largest US-based semiconductor assembly and test service provider, reported a strong Q1 2024 performance, surpassing revenue and EPS forecasts. Net sales reached $1.37B, exceeding the estimated $1.356B, while EPS stood at $0.24, more than double the expected $0.11. Amkor anticipates net sales between $1.40B and $1.50B for Q2 2024, with a gross margin forecast of 13.0% to 15.0%.

April 29, 2024
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