UMC Reports Third Quarter 2020 Results

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Go back to UMC Reports Third Quarter 2020 Results

United Microelectronics (UMC) Tops Q3 EPS by 6c, Revenues Beat

October 29, 2020 6:04 AM EDT

United Microelectronics (NYSE: UMC) reported Q3 EPS of $0.13, $0.06 better than the analyst estimate of $0.07. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.49 billion.

Third Quarter 2020 Overview1:

Revenue: NT$44.87 billion (US$1.54 billion)Gross margin: 21.8%; Operating margin: 15.9%Revenue from 28nm: 14%Capacity utilization rate: 97%Net income attributable to stockholders of the parent: NT$9.11 billion (US$313 million)Earnings per share: NT$0.75; earnings per ADS:... More