UMC Reports Second Quarter 2020 Results

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United Microelectronics (UMC) Tops Q2 EPS by 4.3c, Revenues Beat

July 29, 2020 5:44 AM EDT

United Microelectronics (NYSE: UMC) reported Q2 EPS of $0.093, $0.04 better than the analyst estimate of $0.05. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.46 billion.

2Q20 operating income grows 71% QoQ to NT$5.85 billion with EPS of NT$0.55 Second Quarter 2020 Overview1:

Revenue: NT$44.39 billion (US$1.50 billion)Gross margin: 23.1%; Operating margin: 13.2%Revenue from 28nm: 13%Capacity utilization rate: 98%Net income attributable to stockholders of the parent: NT$6.68 billion (US$225 million)Earnings per share: NT$0.55; earnings per ADS:... More