UMC Reports Third Quarter 2019 Results
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United Microelectronics (UMC) Reports In-Line Q3 EPS
October 30, 2019 5:49 AM EDTUnited Microelectronics (NYSE: UMC) reported Q3 EPS of $0.04, in-line with the analyst estimate of $0.04. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.21 billion.
Third Quarter 2019 Overview1:
UMC fully acquires USJC, which will enhance companys market share by 10%3Q19 EPS jumps 67% QoQ to NT$0.25 per share Revenue: NT$37.74 billion (US$1.22 billion)Gross margin: 17.1%Foundry revenue from 28nm: 12%; Foundry operating margin: 6.9%Foundry capacity utilization rate: 91%Net income attributable to stockholders of the parent: NT$2.93 billion (US$94... More