United Microelectronics (UMC) Tops Q2 EPS by 3c, provides guidance

United Microelectronics (NYSE: UMC) reported Q2 EPS of $0.17, $0.03 better than the analyst estimate of $0.14. Revenue for the quarter came in at $1.75 billion versus the consensus estimate of $1.74 billion.

Third Quarter 2024 Outlook & Guidance

Quarter-over-Quarter Guidance:

Wafer Shipments: Will increase by mid-single digit %
ASP in USD: Will remain firm
Gross Profit Margin: Will be in the mid-30% range
Capacity Utilization: approximately 70%
2024 CAPEX: US$3.3 billion

For earnings history and earnings-related data on United Microelectronics (UMC) click here.

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