Amkor Technology Reports Financial Results for the First Quarter 2015

TEMPE, Ariz. — (BUSINESS WIRE) — April 27, 2015 — Amkor Technology, Inc. (NASDAQ: AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the first quarter ended March 31, 2015.

“First quarter results met our expectations," said Steve Kelley, Amkor's president and chief executive officer. "Sales grew 7% year-on-year driven by strong demand for our advanced packaging and test technologies. We saw a corresponding increase in earnings per share of $0.03 year-on-year."

     
GAAP Results Non-GAAP Results
Q1 2015   Q4 2014   Q1 2014 Q1 2015   Q4 2014   Q1 2014
($ in millions, except per share amounts)
Net sales $743   $853   $696 $743   $853   $696
Gross margin 18.2% 14.1% 18.5% 18.2% 22.9% 18.5%
Net income $29 $13 $21 $29 $90 $21
Earnings per diluted share $0.12 $0.06 $0.09 $0.12 $0.38 $0.09
 

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