Amkor Technology Analysts Boost Their Forecasts After Better-Than-Expected Q2 Earnings
1. Amkor reported Q2 earnings of 22 cents, beating estimates. 2. Sales for Q2 reached $1.51 billion, exceeding expectations. 3. Third-quarter guidance forecasts EPS of 34-48 cents, sales up to $1.975 billion. 4. Amkor shares surged 17.4% to $24.92 post-earnings announcement. 5. Analysts raised price targets, reflecting strong performance and future potential.