Amkor Technology Inc (NASDAQ:AMKR) Tops Q3 2025 Earnings Estimates and Announces CEO Transition

Amkor Technology Inc (NASDAQ:AMKR) reported financial results for the third quarter of 2025, delivering a performance that notably exceeded analyst expectations on the bottom line. The semiconductor packaging and test specialist also announced a planned CEO transition, marking a significant corporate development alongside its quarterly earnings.

Earnings and Revenue Versus Estimates

The company’s third-quarter results demonstrated robust operational execution, with earnings per share (EPS) coming in significantly higher than anticipated by the market.

• Reported EPS (Non-GAAP): $0.51 per diluted share
• Analyst EPS Estimate: $0.43 per diluted share
• Reported Revenue: $1.99 billion
• Analyst Revenue Estimate: $1.97 billion

Amkor posted a positive earnings surprise of approximately 18%, while revenue slightly surpassed expectations. The strong profitability was underscored by a net income of $127 million, a substantial increase from the $54 million reported in the previous quarter. The market's initial reaction in after-hours trading was muted, with the stock price experiencing a slight decline. This suggests that while the earnings beat was solid, it may have already been priced into the stock following a positive trend over the preceding weeks, or that investors are weighing other factors from the report.

Quarterly Performance and Corporate News

The third quarter showcased strong sequential growth for Amkor, largely driven by its advanced packaging segment. Net sales of $1.99 billion represented a 31% increase from the second quarter of 2025. The company highlighted record revenue in its Communications and Computing end markets, with advanced products accounting for $1.68 billion of the total sales.

In a major corporate announcement, Amkor revealed that President and CEO Giel Rutten intends to retire at the end of 2025. He will remain on the company’s Board of Directors. The Board has appointed current Chief Operating Officer Kevin Engel to succeed Mr. Rutten, effective January 1, 2026. The company emphasized that a smooth leadership transition is planned for the coming months.

Business Outlook and Capital Allocation

Amkor provided guidance for the fourth quarter of 2025, offering a forecast that aligns with analyst expectations for the period.

• Q4 2025 Net Sales Guidance: $1.775 billion to $1.875 billion
• Analyst Q4 2025 Sales Estimate: $1.874 billion
• Q4 2025 EPS Guidance: $0.38 to $0.48 per diluted share

The company also announced an increase in its full-year 2025 capital expenditures to approximately $950 million, reflecting continued investment in capacity and advanced technologies, including its new packaging and test campus in Arizona. From a balance sheet perspective, Amkor reported total cash and short-term investments of $2.1 billion against total debt of $1.8 billion as of September 30, 2025, and noted the subsequent redemption of its remaining $400 million senior notes due 2027.

For a detailed look at historical earnings, future estimates, and analyst projections, you can review the data on the Amkor Technology earnings and estimates page.

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