AMKR Stock Recent News
AMKR LATEST HEADLINES
TEMPE, Ariz.--(BUSINESS WIRE)--Amkor Technology to Present at Upcoming Conferences.
I recommend a hold rating for Amkor Technology due to uncertain near-term outlook, competitive pressures, margin headwinds, and geopolitical risks. AMKR faces significant challenges from competitors ASE Technology and TSMC, impacting gross margins and utilization rates, especially with the Vietnam facility ramp-up. Management's weak 1Q25 guidance indicates further deterioration, with revenue and gross margin expected to decline significantly, reaching the lowest levels in over a decade.
Amkor Technology (AMKR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
U.S. stock futures were lower this morning, with the Nasdaq futures falling around 100 points on Tuesday.
Amkor Technology, Inc. (NASDAQ:AMKR ) Q4 2024 Earnings Conference Call February 10, 2025 5:00 PM ET Company Participants Jennifer Jue - Vice President, Investor Relations Giel Rutten - President and Chief Executive Officer Megan Faust - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Toshiya Hari - Goldman Sachs Joseph Moore - Morgan Stanley Peter Peng - JPMorgan Chase Craig Ellis - B. Riley Securities Randy Abrams - UBS Charles Shi - Needham & Company Thomas Diffely - D.A.
Amkor Technology (AMKR) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.48 per share a year ago.
TEMPE, Ariz.--(BUSINESS WIRE)--Amkor Technology Reports Financial Results for the Fourth Quarter and Full Year 2024.
Amkor Technology (AMKR) concluded the recent trading session at $24.60, signifying a -1.2% move from its prior day's close.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Amkor Technology (AMKR) closed at $24.61 in the latest trading session, marking a -1.05% move from the prior day.