Amkor Q3 sales rise 27% sequentially to $1.86 billion; Q4 outlook is lower
Amkor reported third-quarter 2024 net sales of $1.86 billion, up 27% from the second quarter and up from $1.82 billion a year earlier. Diluted earnings per share were $0.49, down from $0.54 in the third quarter of 2023. For the fourth quarter, Amkor guided to net sales of $1.60 billion to $1.70 billion and net income of $70 million to $110 million, below third-quarter levels.
Key points
- Q3 2024 net sales $1.86 billion, up 27% from Q2 2024 and up from $1.82 billion in Q3 2023
- Q3 2024 net income attributable to Amkor $123 million, or $0.49 per diluted share, versus $0.54 in Q3 2023
- Q4 2024 guidance: net sales $1.60 billion to $1.70 billion; net income $70 million to $110 million, or $0.28 to $0.44 per diluted share
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.