Amkor Technology (AMKR) reported record second-quarter financial results that exceeded analyst expectations. Earnings reached $0.70 per share. This result surpassed the consensus forecast of $0.47 per share. Quarterly revenue reached $1.90 billion. This represents a 26% increase year-over-year. The revenue figure beat the analyst estimate of $1.81 billion. Record sales in the Computing and Automotive & Industrial segments drove the performance.
Amkor projects third-quarter earnings between $0.72 and $0.82 per share. This profit outlook exceeds the analyst consensus of $0.65 per share. The company expects third-quarter revenue between $1.95 billion and $2.05 billion. This revenue guidance falls below the consensus estimate of $2.12 billion.