TEMPE, Ariz. — (BUSINESS WIRE) — February 13, 2023 — Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the fourth quarter and full year ended December 31, 2022.

Fourth Quarter 2022 Highlights:

• Record fourth quarter net sales $1.91 billion, up 11% year-on-year
• Net income $164 million, earnings per diluted share $0.67

Full Year 2022 Highlights:

• Record net sales $7.09 billion, up 16% year-on-year
• Record gross profit $1.33 billion, record operating income $897 million
• Gross margin 18.8%, operating income margin 12.7%
• Record net income $766 million, record earnings per diluted share $3.11
• Record EBITDA $1.53 billion
• Net cash from operations $1.10 billion, free cash flow $194 million

“2022 was another great year for Amkor. We achieved record revenue of $7.1 billion and record EPS of $3.11. All end markets set new record revenue levels for the year, resulting in significant outperformance compared to the semiconductor market,” said Giel Rutten, Amkor’s president and chief executive officer. “Amkor’s strategic focus on advanced packaging, geographic diversity, and industry megatrends positions us well to continue to outperform the semiconductor industry through this cycle.”

Financial Results