India, July 27 -- Amkor Technology Inc. (AMKR) on Monday reported an increase in profit for the second quarter, driven by double-digit revenue growth reflecting strength in its Computing and Automotive & Industrial end markets. The semiconductor packaging and test services provider also issued upbeat guidance for the third quarter.
For the second quarter, net income increased to $173.8 million or $0.70 per share from $54.4 million or $0.22 per share in the prior-year quarter.
Quarterly net sales rose 26% to a record $1.90 billion from $1.51 billion last year. Gross margin rose to 16.8% from 12.0%.
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });
For the third quarter, Amkor expects net sales of $1.95 ...