UMC Reports First Quarter 2019 Results

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United Microelectronics (UMC) Reports Q1 EPS of $0.016

April 24, 2019 5:49 AM EDT

United Microelectronics (NYSE: UMC) reported Q1 EPS of $0.016, versus ($0.02) reported last year. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.26 billion.

Revenue: NT$32.58 billion (US$1.06 billion)Gross margin: 6.9%Foundry revenue from 28nm: 10%; Foundry operating margin: -4.6%Foundry capacity utilization rate: 83%Net income to stockholders of the parent: NT$1.20 billion (US$39 million)Earnings per share: NT$0.10;... More