Amkor Technology Q3 EPS $0.54 Down From $1.24 YoY, Revenue $1.822B Beats 1.800B Estimates
Portfolio Pulse from Benzinga Newsdesk
Amkor Technology reported Q3 earnings per share (EPS) of $0.54, down from $1.24 year over year (YoY). However, the company's revenue of $1.822 billion beat estimates of $1.800 billion.
October 30, 2023 | 8:08 pm
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Amkor Technology's Q3 EPS decreased YoY, but revenue beat estimates. This mixed result could lead to uncertain market reactions.
Amkor Technology's lower EPS indicates decreased profitability, which could negatively impact the stock. However, the higher-than-expected revenue could offset this, as it suggests strong sales performance. The net impact on the stock is uncertain.
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