AMKR
Amkor Technology, Inc.40.28
-3.63-8.27%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
9.96BP/E (TTM)
32.48Basic EPS (TTM)
1.24Dividend Yield
0.01%Recent Filings
8-K
8-K
Amkor CEO succession announced
Amkor Technology announced CEO Giel Rutten's retirement effective December 31, 2025, with COO Kevin Engel succeeding him on January 1, 2026, ensuring continuity in advanced packaging leadership. Rutten stays on the board and advises through March 2026, while Engel's package includes $900,000 base salary, 125% target bonus, and $6 million in equity awards. Leadership transition bolsters execution amid Q3 revenue of $1.99 billion, up 31% sequentially from advanced packaging ramps. Smooth handover minimizes disruption.
8-K
Amkor plans $400M notes issuance
Amkor Technology announced plans to issue $400 million in senior notes due 2033 via private placement, aiming to refinance its $400 million 6.625% senior notes due 2027 using proceeds plus cash on hand. This extends debt maturity while keeping the redemption unconditioned on the new offering's close. Risks loom if market conditions falter.
8-K
Amkor prices $500M notes
Amkor Technology priced $500 million of 5.875% senior notes due 2033 on September 8, 2025, expecting to close on September 22. The company plans to redeem its $400 million 6.625% notes due 2027, pay fees, and fund general corporate purposes with net proceeds of about $494 million. This refinancing extends debt maturity while trimming the interest rate. Risks include potential failure to complete the offering or redemption.
10-Q
Q2 FY2025 results
Amkor Technology posted solid Q2 results with net sales up 3.4% year-over-year to $1.51B, fueled by consumer and computing end markets, though communications dipped 15%. Gross margin slipped to 12.0% from 14.5%, hit by ramp-up costs at the Vietnam facility and seasonal prep. Operating income climbed to $92M from $82M, boosted by a $32.4M net gain from the Nanium insolvency receipt, while diluted EPS held at $0.22. Cash swelled to $1.53B with $282.6M from operations; free cash flow (derived) reached $63.1M after $226.1M capex. Debt rose to $1.57B post-$500M Term A loan issuance, but $1B revolver remains untapped. Vietnam's early high-volume phase strains margins yet. Automotive demand stays steady at 20%. Watch for cyclical swings in semiconductors.
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