Shares of Amkor Technology Inc. (NASDAQ: AMKR) plummeted nearly 11% during intraday trading on Tuesday, following the company's disappointing guidance for the first quarter of 2025.
The semiconductor packaging and testing services provider reported mixed results for the fourth quarter of 2024. While Amkor beat Wall Street's earnings estimates, its revenue fell short of expectations. However, it was the company's weak outlook for the current quarter that appeared to trigger the sell-off.
For the first quarter of 2025, Amkor guided for earnings per share of just $0.01 to $0.17 on revenue of $1.23 billion to $1.33 billion. These projections significantly missed analysts' expectations of $0.27 per share in earnings and $1.42 billion in revenue. The company cited concerns over temporary socket gaps in current iOS phones and weakness in the automotive and industrial markets as factors impacting its near-term performance.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。