Amkor Technology Inc. (AMKR) reported earnings for third quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings came in at $122.7 million, or $0.49 per share. This compares with $133.5 million, or $0.54 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 99.9% to $1.862 million from $1.822 billion last year.
Amkor Technology Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $122.7 Mln. vs. $133.5 Mln. last year.
-EPS (Q3): $0.49 vs. $0.54 last year.
-Revenue (Q3): $1.862 Mln vs. $1.822 Bln last year.
-Guidance:
Next quarter EPS guidance: $0.28 to $0.44
Next quarter revenue guidance: $1.60-$1.70 bln
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