AMKR

Stock Alert: Amkor Near Its 52-week High

(RTTNews) - Shares of semiconductor packaging and test services provider Amkor Technology, Inc. (AMKR) are climbing more than 10% Monday morning at $13.25, close to its 52-week high of $15.24.

Amkor is scheduled to report its second-quarter results today after the market closes.

In April, the company had provided second-quarter sales outlook between $1.0 billion and $1.1 billion. Analysts polled by Thomson Reuters expect the company to report sales of $1.05 billion.

The company's earnings outlook is between loss of $0.13 per share and earnings of $0.08 per share. The consensus estimate is for $0.03 loss.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.