Amkor Technology: Q4 FY2024 Earnings Report Analysis

Key Financial Performance:

* Revenue: $1.63 billion (missed estimates by 2.1%)
* EPS (GAAP): $0.43 (beat estimates by 16.2%)
* Adjusted EBITDA: $302 million (beat estimates by 5.1%)
* Revenue Guidance for Q1 FY2025: $1.28 billion (below estimates by 14.1%)
* EPS (GAAP) Guidance for Q1 FY2025: $0.09 (missed estimates by 70.6%)

Industry and Company Overview:

* Semiconductor industry driven by demand for smartphones, PCs, and AI devices.
* Amkor provides outsourced semiconductor packaging and testing services.
* Revenue growth over the past five years: 9.3%.

Recent Performance and Growth:

* Revenue declined 5.6% over the past two years.
* Missed revenue estimates for Q4 FY2024, with a 7% year-over-year decline.
* Sales guidance for next quarter indicates a 6.6% year-over-year decline.
* Sell-side analysts project 8.5% revenue growth over the next 12 months.

Product Demand and Inventory:

* Inventory Days Outstanding (DIO): 20, flat versus last quarter.
* No indication of excessive inventory buildup.

Key Takeaways:

* Amkor exceeded EPS expectations.
* Revenue guidance for Q1 FY2025 fell short of estimates.
* Earnings performance was mixed overall.
* Stock price declined following the results.

Investment Considerations:

* Refer to StockStory's full research report for detailed analysis and investment recommendations.