Amkor Stock Climbs On Strong Q1 Earnings: Details

Benzinga04-28

Amkor Technology, Inc. (NASDAQ:AMKR) reported its first-quarter results after Monday's closing bell, beating analyst estimates on the top and bottom lines. 

Here's a look at the details inside the report. 

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Q1 Details       

Amkor reported quarterly earnings of 33 cents per share, which beat the analyst consensus estimate of 22 cents, according to Benzinga Pro data. 

Quarterly revenue came in at $1.69 billion, which beat the Street estimate of $1.65 billion and was up from $1.32 billion in the same period last year.

“Amkor delivered a strong start to 2026 with record first-quarter revenue driven by broad-based end-market demand,” said Kevin Engel, Amkor’s CEO.

“During the quarter, we progressed key customer programs in Advanced packaging, improved utilization across our factory network, and made continued progress on our margin initiatives, demonstrating our ability to execute effectively in a dynamic industry environment,” Engel added.

Outlook

Amkor expects second-quarter GAAP EPS of 42 cents to 52 cents, versus the 31 cent analyst estimate, and revenue in a range of $1.75 billion to $1.85 billion, versus the $1.74 billion estimate.

AMKR Stock Price: According to data from Benzinga Pro, Amkor stock was up 0.94% to $76.30 in Monday's extended trading.  

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