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Amkor Technology (AMKR)
Overview
Amkor Technologies (AMKR) is one of the world’s largest providers of contract semiconductor assembly and test services. Founded in 1968, Amkor pioneered the outsourcing of IC assembly and test and is now a strategic manufacturing partner for more than 200 of the world’s leading semiconductor companies and electronics OEMs.
Amkor’s operational base encompasses more than 5 million square feet of floor space with production facilities, product development centers and sales & support offices located in key electronics manufacturing regions in Asia, Europe and the United States.
AMKR Investor Highlights
Announced financial results for the first quarter ended March 31, 2013, with net sales of $688 million, net income of $13 million, and earnings per diluted share of $0.07.
Cash and cash equivalents were $467 million.
To support the growth opportunities in mobile communications, AMKR is revising its estimate of 2013 capital additions from around $450 million to around $525 million.
Based upon currently available information, AMKR has the following expectations for the second quarter 2013: Net sales of $730 million to $780 million, up 6% to 13% from the prior quarter.
Gross margin of 17% to 20%.
Net income of $18 million to $41 million, or $0.09 to $0.19 per diluted share.
AMKR Financials Approximate as of April 26, 2013
Market Cap: 592M
Outstanding Shares: 153.2M
52 High/ Low: $5.89 / $3.55
Price: $3.86
Ticker: AMKR
To read more in-depth about AMKR visit their profile page at www.smallcapreview.com.
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