Semiconductor packager Amkor beats Q3 sales estimates, names new CEO

Reuters
Oct 28
Semiconductor packager Amkor beats Q3 sales estimates, names new CEO

Overview

  • Semiconductor packager Amkor reports Q3 2025 net sales of $1.99 bln, beating analysts' expectations

  • Co reported net income of $127 mln, EPS was $0.51

  • Company announces CEO succession; Kevin Engel to succeed Giel Rutten in 2026

Outlook

  • Amkor expects Q4 2025 net sales of $1.775 bln to $1.875 bln

  • Company forecasts Q4 2025 gross margin of 14.0% to 15.0%

  • Amkor raises full-year 2025 capital expenditures to $950 mln

Result Drivers

  • ADVANCED PACKAGING DEMAND - Amkor's Q3 revenue was driven by strong demand for advanced packaging, setting a new revenue record

  • RECORD COMMUNICATIONS AND COMPUTING REVENUE - Achieved record revenue in Communications and Computing end markets

  • ARIZONA CAMPUS EXPANSION - Broke ground on new Advanced packaging and test campus in Arizona to support U.S. semiconductor manufacturing

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

Beat

$1.98 bln

$1.93 bln (9 Analysts)

Q3 EPS

$0.51

Press Release: ID:nBw3zkMsJa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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