UMC Reports Second Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
United Microelectronics (UMC) Tops Q2 EPS by 4.3c, Revenues Beat
July 29, 2020 5:44 AM EDTUnited 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
