UMC Reports Second Quarter 2018 Results

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United Microelectronics (UMC) Tops Q2 EPS by 2.9c, Miss on Revenues

July 25, 2018 6:24 AM EDT

United Microelectronics (NYSE: UMC) reported Q2 EPS of $0.05, $0.03 better than the analyst estimate of $0.02. Revenue for the quarter came in at $1.28 billion versus the consensus estimate of $1.31 billion.

Second Quarter 2018 Overview1:

Revenue: NT$38.85 billion (US$1.28 billion)Gross margin: 17.2%Foundry revenue from 28nm: 15%; Foundry operating margin: 8.4%Foundry capacity utilization rate: 97%Net Income attributable to stockholders of the parent: NT$3.66 billion (US$120 million)Earnings per share: NT$0.30; earnings per... More