From Barchart: 2025-02-09 08:03:25

Amkor Technology (NASDAQ:AMKR) is set to announce earnings results tomorrow after the bell. Last quarter, the company beat revenue expectations by 1.1%, reporting $1.86 billion in revenues, up 2.2% year on year. Analysts anticipate a 5% decline in revenue to $1.66 billion this quarter, with adjusted earnings expected at $0.38 per share. Peers in the semiconductor manufacturing sector, like FormFactor and KLA Corporation, have already reported positive results. Amkor’s stock price is down 3.8% over the last month, with an average analyst price target of $33.93. Thematic investing opportunities are also highlighted.



Read more at Barchart: Amkor (AMKR) Reports Earnings Tomorrow: What To Expect