Amkor Technology Q1 revenue rises 27%, beats estimates

Amkor Technology

27/04/2026 21:12

Overview

U.S. semiconductor packaging firm's Q1 revenue rose 27% yr/yr, beating analyst expectations

Adjusted EPS for Q1 rose to $0.33

Company authorized $300 mln share buyback

Outlook

Amkor sees Q2 2026 net sales of $1.75 bln to $1.85 bln

Company expects Q2 2026 gross margin of 14.5% to 15.5%

Amkor projects Q2 2026 net income of $105 mln to $130 mln, or $0.42 to $0.52 per share

Company plans full-year 2026 capital expenditures of $2.5 bln to $3.0 bln

Result Drivers

BROAD-BASED DEMAND - Co said record Q1 revenue was driven by broad-based end market demand

ADVANCED PACKAGING PROGRAMS - Co said it progressed key customer programs in advanced packaging during the quarter

IMPROVED UTILIZATION - Co said it improved utilization across its factory network

Company press release: ID:nBwk6FZ6a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$1.69 bln
$1.65 bln (9 Analysts)
Q1 EPS
$0.33


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the semiconductor equipment & testing peer group is "buy."

Wall Street's median 12-month price target for Amkor Technology Inc is $55.00, about 29.6% below its April 24 closing price of $78.10

The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 24 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)