United Microelectronics (UMC) Misses Q1 EPS by 0.9c, Revenues Miss; '2Q Outlook Stable'

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Go back to United Microelectronics (UMC) Misses Q1 EPS by 0.9c, Revenues Miss; '2Q Outlook Stable'

UMC Reports First Quarter 2020 Results

April 27, 2020 5:40 AM EDT

2Q20 outlook stable; company prioritizes medical related ICs shipments amid COVID-19

First Quarter 2020 Overview1:

Revenue: NT$42.27 billion (US$1.40 billion) Gross margin: 19.2% Foundry operating margin: 8.2% Foundry capacity utilization rate: 93% Net income attributable to stockholders of the parent: NT$2.21 billion (US$73 million) Earnings per share: NT$0.19; earnings per ADS: US$0.031

TAIPEI, Taiwan--(BUSINESS WIRE)-- United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (UMC or The Company), a leading global... More