Semiconductor packaging and test services provider Amkor Technology, Inc. (AMKR) in Tempe, Ariz., is currently trading 28.4% below its 52-week high of $29.50, which it hit on Sept. 16, 2021. However, the company’s recently reported fourth-quarter results have been impressive. Its board of directors also declared a quarterly cash dividend of $0.05 per common share, payable on March 21, 2022.
AMKR has provided guidance for first-quarter revenue of between $1.50 billion and $1.60 billion and earnings of between $0.45 and $0.65 per share. In addition, Giel Rutten, AMKR’s president and CEO said, "Our differentiated technology portfolio and deep customer and supplier relationships place us in a very strong market position, and we expect 2022 to be another year of growth."
