UMC Reports Second Quarter 2019 Results
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United Microelectronics (UMC) Tops Q2 EPS by 0.4c, Revenues Miss
July 24, 2019 5:47 AM EDTUnited Microelectronics (NYSE: UMC) reported Q2 EPS of $0.024, $0.004 better than the analyst estimate of $0.02. Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.17 billion.
Second Quarter 2019 Overview1:
Revenue: NT$36.03 billion (US$1.16 billion)Gross margin: 15.7%Foundry revenue from 28nm: 13%; Foundry operating margin: 5.3%Foundry capacity utilization rate: 88%Net income attributable to stockholders of the parent: NT$1.74 billion (US$56 million)Earnings per share: NT$0.15; earnings per ADS:... More