Amkor Earnings Reach $0.76 per Share as Revenue Misses Estimates in Third Quarter
Key Facts
Amkor Technology reported earnings of $0.76 per share in the third quarter of 2026, one cent below analysts’ estimate of $0.77, according to StreetInsider data. Revenue was $1.99 billion, compared with consensus of $2.03 billion. The results came after trading closed on October 26, 2026, according to the company’s announcement of its release date. Available information therefore does not establish a share-price move in after-hours trading following the announcement. The last documented closing price for AMKR was $39.3 on October 23, according to EL7 data.
The gap extended beyond the completed quarter: the company’s fourth-quarter outlook also came in below analyst estimates. Amkor projected diluted earnings per share of $0.65 to $0.75, compared with consensus of $0.78. It also set a revenue forecast of $1.9 billion to $2.0 billion, versus consensus of $2.04 billion. Both guidance ranges are below market expectations for the coming period. The figures indicate that the company expects a quarterly slowdown in revenue compared with the third-quarter result of $1.99 billion, though this compares an actual result with an estimated range.
After its second-quarter results, Amkor had set a third-quarter revenue range of $1.95 billion to $2.05 billion and diluted earnings of $0.72 to $0.82 per share. Actual revenue of $1.99 billion came within that range, as did earnings of $0.76 per share. In the second quarter, the company posted revenue of $1.90 billion, net income of $174 million and diluted earnings of $0.70 per share. The company said at the time that net sales rose 26% year over year. Its chief executive said the computing, automotive and industrial segments posted record revenue that quarter, as the company continued to expand capacity for advanced packaging and testing, as well as artificial intelligence and high-performance computing programs.
The results come as Amkor expands its investments and partnerships tied to AI chip packaging. On October 21, the company announced a new $1.3 billion agreement to support its expansion in South Korea and said its multiyear agreements with NVIDIA in Korea and Arizona total $3 billion. Amkor linked these initiatives to supporting demand for AI platforms and accelerated computing. The agreements provide operational context for the company’s growth, but do not by themselves change the revenue and earnings-per-share ranges it announced for the fourth quarter. Company management was scheduled to hold a call to discuss the results on October 26, 2026, at 5 p.m. Eastern Time.