NASDAQ$AMKR
Amkor Technology Inc · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Amkor's Q4 2019 earnings were released, showing record net sales and strong performance in gross margin and EPS.
Amkor Technology reported record net sales of $1.18 billion for Q4 2019, a 9% increase sequentially and year-on-year. The company's gross margin was 18.9%, and net income reached $99 million, with earnings per diluted share at $0.41. Strong demand for advanced packages in the mobile and consumer markets drove revenue above expectations.
- Record net sales of $1.18 billion, up 9% sequentially and year-on-year.
- Gross margin of 18.9%.
- Net income of $99 million, with earnings per diluted share of $0.41.
- EBITDA of $244 million.
Headline financials
Revenue & EPS history
Amkor · Revenue · Quarterly
$1.18B
Revenue by segment
Amkor · $1.18B total across 2 segments · Q4 2019
- Advanced products$667M+18.3%56.6%
- Mainstream products$511M-1.2%43.4%
Forward guidance
Amkor expects Q1 2020 revenue to be up approximately 25% year-on-year and down about 5% sequentially. The company anticipates net sales between $1.08 billion and $1.16 billion, and net income between $22 million and $59 million, or $0.09 to $0.24 per diluted share.
Tailwinds
- Net sales of $1.08 billion to $1.16 billion
- Gross margin of 14.5% to 17.5%
- Net income of $22 million to $59 million
- Earnings per diluted share of $0.09 to $0.24
- Well-positioned for growth in 2020
Headwinds
- Health conditions or pandemics, such as the recent coronavirus outbreak, impacting the supply chain and consumer demand for electronic products and services
- Dependence on the highly cyclical, volatile semiconductor industry
- Industry downturns and declines in global economic and financial conditions
- Fluctuation in demand for semiconductors and conditions in the semiconductor industry generally
- Changes in costs, quality, availability and delivery times of raw materials, components and equipment
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
+1.6%
Avg return
Earnings day
+2.4%
Avg return
5 days after
+4.1%
Avg return
30 days after
55%
38 / 69 earnings
Positive
+37.8%
Q3 2019
Best reaction
-21.3%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.7% | -6.0% | -6.7% | |
| Q4 2025 | +1.8% | -9.6% | -21.4% | |
| Q3 2025 | -3.1% | -2.7% | +5.2% | |
| Q2 2025 | -3.1% | -6.2% | +3.8% | |
| Q1 2025 | -2.6% | +3.8% | +7.1% | |
| Q4 2024 | -11.3% | -7.6% | -22.0% | |
| Q3 2024 | -6.4% | -13.0% | -12.9% | |
| Q2 2024 | -20.0% | -25.0% | -14.5% | |
| Q1 2024 | +5.6% | +5.6% | +6.2% | |
| Q4 2023 | -4.0% | -2.4% | +10.0% | |
| Q3 2023 | +0.4% | +14.7% | +36.5% | |
| Q2 2023 | +0.1% | -4.8% | -5.8% | |
| Q1 2023 | -5.9% | -3.5% | +10.8% | |
| Q4 2022 | +0.0% | -3.9% | -11.6% | |
| Q3 2022 | -1.5% | +1.3% | +34.7% | |
| Q2 2022 | +9.5% | +12.3% | -0.2% | |
| Q1 2022 | -2.4% | +3.3% | +7.9% | |
| Q4 2021 | +15.7% | +12.2% | +7.9% | |
| Q3 2021 | -0.1% | -1.6% | +4.4% | |
| Q2 2021 | +2.3% | +7.3% | +13.5% | |
| Q1 2021 | -11.6% | -15.1% | -11.5% | |
| Q4 2020 | +8.6% | +35.6% | +20.6% | |
| Q3 2020 | -15.3% | -10.8% | +7.4% | |
| Q2 2020 | +18.6% | +12.6% | +7.9% | |
| Q1 2020 | +1.7% | +3.4% | +16.6% | |
| Q4 2019 | +19.5% | +14.0% | -21.9% | |
| Q3 2019 | +37.8% | +19.7% | +13.9% | |
| Q2 2019 | +19.3% | +11.7% | +5.6% | |
| Q1 2019 | -6.3% | -13.1% | -27.8% | |
| Q4 2018 | +6.4% | +13.1% | +2.5% | |
| Q3 2018 | +19.9% | +19.4% | +14.4% | |
| Q2 2018 | -2.9% | +1.2% | -3.4% | |
| Q1 2018 | -4.2% | -3.5% | +4.1% | |
| Q4 2017 | +8.2% | +9.3% | +20.1% | |
| Q3 2017 | +5.7% | +1.9% | -2.2% | |
| Q2 2017 | -9.5% | -16.4% | -14.6% | |
| Q1 2017 | -1.7% | -2.3% | -2.0% | |
| Q4 2016 | -3.6% | +0.8% | +9.2% | |
| Q3 2016 | +11.3% | +13.5% | +28.6% | |
| Q2 2016 | +16.1% | +28.1% | +44.7% | |
| Q1 2016 | +1.7% | — | — | |
| Q4 2015 | -21.3% | — | — | |
| Q3 2015 | +8.9% | — | — | |
| Q2 2015 | -16.7% | — | — | |
| Q1 2015 | -8.2% | — | — | |
| Q4 2014 | +23.9% | — | — | |
| Q3 2014 | -16.3% | — | — | |
| Q2 2014 | -3.7% | — | — | |
| Q1 2014 | +8.9% | — | — | |
| Q4 2013 | -0.8% | — | — | |
| Q3 2013 | +8.2% | — | — | |
| Q2 2013 | -1.4% | — | — | |
| Q1 2013 | +11.6% | — | — | |
| Q4 2012 | +2.5% | — | — | |
| Q3 2012 | -4.9% | — | — | |
| Q2 2012 | +2.9% | — | — | |
| Q1 2012 | +4.2% | — | — | |
| Q4 2011 | +2.3% | — | — | |
| Q3 2011 | +6.1% | — | — | |
| Q2 2011 | -9.5% | — | — | |
| Q1 2010 | +2.0% | — | — | |
| Q1 2011 | -0.6% | — | — | |
| Q4 2008 | +3.9% | — | — | |
| Q4 2010 | +3.9% | — | — | |
| Q3 2009 | +1.2% | — | — | |
| Q3 2010 | +1.2% | — | — | |
| Q2 2009 | +3.6% | — | — | |
| Q4 2009 | +3.6% | — | — | |
| Q2 2010 | +3.6% | — | — |
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