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bob体彩Amkor Technology向2018年第三季度报告财务业绩

Third Quarter Highlights

  • Third quarter net sales $1,144 million，顺序增长7％
  • 净收入 5700万美元, earnings per diluted share $0.24
  • EBITDA 235美元million，顺序增长13％
  • 完成债务再融资，减少利息费用 $11 million每年

坦佩，ariz。- （商业资讯） - OCT。2018年29日 - 公司Technology, Inc.（纳斯达克：AMKR）是半导体包装和测试服务的领先提供商，今天宣布第三季度结bob软件束的财务业绩 9月30日，20.18.。

"Third quarter revenue grew 7% sequentially, reflecting strength in mobile communications," said 史蒂夫凯利, 安克尔的CEO.

结果 Q3 2018 2018年第2季度 Q3 2017
($ in millions, except per share data)
净销售额 $1,144 $1,066 $1,149
Gross margin 17.5% 15.9% 19.5％
Net income attributable to Amkor $57 $33 $59
每个摊薄股份的收益 $0.24 $0.14 $0.25
EBITDA1 235美元 208美元 251美元

1) EBITDA is a non-GAAP measure. The reconciliation to the comparable GAAP measure is included below under "Selected Operating Data."

“优于预期的毛利利润和EPS主要通过改进的运营杠杆推动，” Megan Faust, Amkor’s CFO. "We also completed a debt refinancing which will generate annual interest savings of approximately $11 million。"

商业前景

2018年第四季度展望（除非另有说明）：

  • 净销售 $1.02 billion to $1.10 billion
  • Gross margin of 13% to 15%
  • Net income of 500万美元至3400万美元， 要么 $ 0.02至0.14美元per diluted share
  • Full year capital expenditures of approximately $600 million

Conference Call Information

公司将进行一次电话会议 Monday, October 29, 2018, at 5:00 p.m. Eastern Time。此呼叫可能包括未包含在此新闻稿中的材料信息。此调用正在访问，可以访问 安克尔的website:www.www.chenyuhi.com.。您还可以通过拨打1-877-645-6380或1-404-991-3911访问呼叫。将在拨打电话重放 安克尔的网站或通过拨打1-855-859-2056或1-404-537-3406（会议ID 8196238）。网络广播还正在将纳斯达克Omx的投资者分销网络分发给机构和个人投资者。bob体ob体与软件下载机构投资者可以通过纳斯达克Obob体ob体与软件下载MX的密码保护的活动管理网站，街头活动访问呼叫（www.streetevents.com).

About 公司Technology, Inc.

公司Technology, Inc.is one of the world’s largest providers of outsourced semiconductor packaging and test services. Founded in 1968, 公司开创了IC包装和考验的外包，现在是世界领先的半导体公司，铸造厂和电子OEM的250多家战略制造合作伙伴。bob软件Amkor的运营基地包括位于关键电子制造地区的生产设施，产品开发中心和销售和支持办事处 Asia, Europe和 USA。有关更多信息，请访问www.www.chenyuhi.com.。

AMKOR TECHNOLOGY, INC.

选择的操作数据

Q3 2018 2018年第2季度 Q3 2017
Net Sales Data:
净销售额（数百万）:
高级产品* $ 582 $ 496. $ 563
Mainstream products** 562 57.0 586
总净销售额 $ 1,144 $ 1,066 $ 1,149
包装服务 84. % 83. % 82. %
测试服务 16. % 17. % 18. %
来自十大客户的净销售额 62. % 65. % 67. %
最终市场数据：
通讯（智能手机，平板电脑，手持设备） 47. % 42. % 46. %
汽车，工业等（司机辅助，信息娱乐，安全，性能） 25. % 26. % 24. %
Computing (datacenter, infrastructure, PC/laptop, storage) 17. % 19. % 17. %
Consumer (set-top boxes, televisions, connected home, personal electronics, visual imaging) 11. % 13. % 13. %
总 100 % 100 % 100 %
毛利率数据：
净销售额 100.0 % 100.0 % 100.0 %
销售成本：
材料 40.3 % 38.9 % 36.9 %
Labor 15.1 % 16.0 % 15.1 %
Other manufacturing 27.1. % 29.2 % 28.5 %
Gross margin 17.5 % 15.9 % 19.。5 %

* Advanced products include flip chip and wafer-level processing and related test services
** Mainstream products include wirebond packaging and related test services

AMKOR TECHNOLOGY, INC.
选择的操作数据

In the press release above we provide EBITDA, which is not defined by U.S. GAAP. We define EBITDA as net income before interest expense, income tax expense and depreciation and amortization. We believe EBITDA to be relevant and useful information to our investors because it provides additional information in assessing our financial operating results. Our management uses EBITDA in evaluating our operating performance, our ability to service debt and our ability to fund capital expenditures. However, EBITDA has certain limitations in that it does not reflect the impact of certain expenses on our consolidated statements of income, including interest expense, which is a necessary element of our costs because we have borrowed money in order to finance our operations, income tax expense, which is a necessary element of our costs because taxes are imposed by law, and depreciation and amortization, which is a necessary element of our costs because we use capital assets to generate income. EBITDA should be considered in addition to, and not as a substitute for, or superior to, operating income, net income or other measures of financial performance prepared in accordance with U.S. GAAP. Furthermore our definition of EBITDA may not be comparable to similarly titled measures reported by other companies. Below is our reconciliation of EBITDA to U.S. GAAP net income.

Non-GAAP Financial Measure Reconciliation:
Q3 2018 2018年第2季度 Q3 2017
（数百万）
EBITDA Data:
Net income $ 57. $ 33. $ 60.
Plus: Interest expense 20. 21. 21.
Plus: Income tax expense 14. 11. 21.
加：折旧和摊销 144. 143. 149.
EBITDA $ 235. $ 20.8 $ 251.
AMKOR TECHNOLOGY, INC.
CONSOLIDATED STATEMENTS OF INCOME
（未经审计）

截至9月30日止三个月， For the Nine Months Ended September 30,
20.18. 20.17.* 20.18. 20.17.*
（成千上万，除了每股数据除外）
净销售额 $ 1,144,192 $ 1,148,884 $ 3,235,195 $ 3,056,553
Cost of sales 943,485 924,996. 2,707,000 2,519,815
Gross profit 20.0,707 223,888 528,195 536,738
销售，一般和行政 70,463 75,568 225,886 21.9,635
研究与开发 37541年 42,841. 11.9,546 128,690
Gain on sale of real estate — — — （108,109 )
总operating expenses 108,004 11.8,409 345,432 24.0,216
营业收入 92,703 105,479 18.2,763 296,522
利息花费 19.,770 20.,321 60.,908 63,733
利息花费, related party — 180. — 1,715
Other (income) expense, net 1,315 3,257 （6,254 ) 11.150
总其他费用，网 21,085 23,758 54,654 76,598
税前收入 71,618 81,721 128,109 219,924
Income tax expense 14.,326 21.,263 27,438 53,404
Net income 57.,292 60.,458 100,671 16.6,520
归属于非控股利益的净收入 （630. ) (1,194 ) （1,874. ) (3,029 )
Net income attributable to Amkor $ 56,662 $ 59,264 $ 98,797 $ 16.3,491
净收入可归因于邮政股份：
基础 $ 0.24 $ 0.25 $ 0.41 $ 0.68
稀 $ 0.24 $ 0.25 $ 0.41 $ 0.68
Shares used in computing per common share amounts:
基础 239,370. 239,068 239,312 238,873
稀 239,766 239,640 239,783 239,610

*有效 2018年1月1日，我们采用会计标准更新（ASU）2014-09号，Revenue from Contracts with Customers (Topic 606), utilizing the full retrospective transition method. The prior periods presented here have been revised to reflect this change.

AMKOR TECHNOLOGY, INC.
CONSOLIDATED BALANCE SHEETS
（未经审计）
9月30日，
20.18.		 December 31,
20.17.
（成千上万）
ASSETS
Current assets:
现金及现金等价物 $ 547,665 $ 596,364
Restricted cash 2,559 2,000
Accounts receivable, net of allowances 797,678 798,264
Inventories 228,108 213,649.
Other current assets 35,226 33,727
总current assets 1,611,236 1,644,004
Property, plant and equipment, net 2,714,084 2,695,065
Goodwill 24.,813 25,036
Restricted cash 3,896 4,487
Other assets 141,440 139,796.
总资产 $ 4,495,469 $ 4,508,388
LIABILITIES AND EQUITY
Current liabilities:
Short-term borrowings and current portion of long-term debt $ 97,646 $ 123,848
应付贸易账款 548,864 569,085
Capital expenditures payable 25.3,756 294,258
Accrued expenses 271,067 33.0,868
总current liabilities 1,171,333 1,318,059
Long-term debt 1,267,992 1,240,581
Pension and severance obligations 17.9,900 18.2,216
其他非流动负债 54,403 47.,823
总liabilities 2,673,628 2,788,679
股东权益：
首选股票 — —
Common stock 285. 285.
资本的额外支付 1908171年 1,903,357
保留收益（累计赤字） 84.,894 (13,903 )
Accumulated other comprehensive income (loss) 19.,729 22,519.
Treasury stock (216,135 ) (215,982 )
总公司stockholders’ equity 1,796,944 1,696,276
Non-controlling interests in subsidiaries 24,897 23,433
总equity 1,821,841 1,719,709.
总负债和股权 $ 4,495,469 $ 4,508,388
AMKOR TECHNOLOGY, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
（未经审计）
For the Nine Months Ended September 30,
20.18. 20.17.
（成千上万）
经营活动中的现金流量：
Net income $ 100,671 $ 16.6,520
Depreciation and amortization 42.9,181 435,667
Gain on sale of real estate — （108,109 )
其他经营活动和非现金项目 (2,006 ) (8,124 )
Changes in assets and liabilities （100,628. ) （72,043. )
经营活动提供的净现金 42.7,218 413,911
Cash flows from investing activities:
财产，植物和设备的付款 （478,036. ) （413,974. )
Proceeds from sale of property, plant and equipment 1,606 133,320
Acquisition of business, net of cash acquired — (43,771 )
其他投资活动 3,160. （1,600. )
Net cash used in investing activities (473,270 ) （326,025 )
来自融资活动的现金流量：
Proceeds from revolving credit facilities — 75,000
循环信贷设施的付款 (75,000 ) —
Proceeds from short-term debt 23,341 50,333
Payments of short-term debt (35,125 ) (52,068 )
从签发长期债务的收益 372,226 223,976
支付长期债务 (279,697 ) (398,755 )
支付长期债务，关联方 — (17,837 )
支付购买设施的延期考虑 — (3,890 )
资本租赁义务付款 （2,669. ) （4,123 )
Other financing activities (2,482 ) 42.5
Net cash provided by (used in) financing activities 594 (126,939 )
汇率波动对现金，现金等价物和限制现金的影响 (3,273 ) 9,231
现金，现金等价物及限制现金净减少 (48731 ) (29,822 )
现金，现金等价物和限制现金，期初 60.2,851 555,495
现金，现金等价物和限制现金，期末 $ 554,120 $ 525,673

Forward-Looking Statement Disclaimer

本新闻稿包含前瞻性statements within the meaning of federal securities laws. All statements other than statements of historical fact are considered forward-looking statements including, without limitation, statements regarding the interest savings generated by a debt refinancing, and all of the statements made under "Business Outlook" above. These forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could affect future results and cause actual results and events to differ materially from historical and expected results and those expressed or implied in the forward-looking statements, including, but not limited to, the following:

  • the highly unpredictable nature, cyclicality, and rate of growth of the semiconductor industry;
  • timing and volume of orders relative to production capacity and the inability to achieve high capacity utilization rates, control costs and improve profitability;
  • laws, rules, regulations and policies imposed by the U.S. or foreign governments in areas such as tariffs, customs, duties and other restrictive trade barriers, national security, data privacy and cybersecurity, antitrust and competition, tax, currency and banking, privacy, labor, environmental, health and safety, and in particular the recent increase in protectionist measures considered or adopted by the U.S. and foreign governments;
  • 法律，规则，法规和政策 中国和其他可能有利于国内公司过度非国内公司的国家，包括客户或政府支持促进当地竞争对手的发展和增长的努力;
  • volatility of consumer demand, double booking by customers and deterioration in forecasts from our customers for products incorporating our semiconductor packages, including any slowdown in demand or changes in customer forecasts for smartphones or other mobile devices and generally soft end market demand for electronic devices;
  • 延迟，降低与晶片有关的制造产量和供应限制，特别是对于高级节点和相关技术;
  • 依赖关键客户，我们市场份额和价格的影响对这些客户的业务和经营和财务状况的影响;
  • 我们的业务，利率波动等经济和市场条件，现金需求和投资机会的业务，需要额外的能力和设施，以服务客户需求以及运营或融资的现金流量的可用性;
  • 全球经济对信贷市场，金融机构，客户，供应商和消费者的影响，包括不确定的宏观经济环境;
  • 诉讼和其他法律活动的高度不可预测的性质和成本以及诸如此问题的不利成果的风险以及其他法律诉讼的影响;
  • changes in tax rates and taxes as a result of changes in U.S. or foreign tax law or the interpretations thereof (including the impact of recent U.S. tax reform), changes in our organizational structure, changes in the jurisdictions in which our income is determined to be earned and taxed, the outcome of tax reviews, audits and ruling requests, our ability to realize deferred tax assets and the expiration of tax holidays;
  • 我们的客户缩减外包;
  • 我们的大量债务和限制性契约;
  • 未能实现足够的现金流量或获得其他流动性的资金资金支出;
  • the effects of an economic slowdown in major economies worldwide;
  • disruptions in our business or deficiencies in our controls resulting from the integration of acquired operations, particularly J-Devices, or the implementation and security of, and changes to, our enterprise resource planning, factory shop floor systems and other management information systems;
  • 我们的新K5工厂和研发中心无法保证 Koreawill be fully utilized, or that the actual scope, costs, timeline or benefits of the project will be consistent with our current expectations;
  • 恐怖袭击，政治不稳定，自然灾害与军事冲突的经济影响;
  • 竞争，竞争性定价和平均售价下跌;
  • fluctuations in packaging and test manufacturing yields;
  • 依赖国际运营和销售和外币汇率波动，特别是在 日本和 Korea;
  • dependence on raw material and equipment suppliers and changes in raw material and precious metal costs;
  • dependence on key personnel;
  • 执行和遵守知识产权;和
  • 技术挑战。

Other important risk factors that could affect the outcome of the events set forth in these statements and that could affect our operating results and financial condition are discussed in the company's Annual Report on Form 10-K for the year ended 2017年12月31日和in the company's subsequent filings with the Securities and Exchange Commission在此之前或之后进行。 公司undertakes no obligation to review or update any forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Source: 公司Technology, Inc.

公司Technology, Inc.
Chris Chaney
投资者关系副总裁
480-786-7594
chris.chaney@www.chenyuhi.com