UMC Reports Fourth Quarter 2020 Results
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United Microelectronics (UMC) Tops Q4 EPS by 10.2c, Revenues Beat
January 27, 2021 6:47 AM ESTUnited Microelectronics (NYSE: UMC) reported Q4 EPS of $0.162, $0.102 better than the analyst estimate of $0.06. Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.57 billion.
Fourth Quarter 2020 Overview1:
Revenue: NT$45.30 billion (US$1.59 billion)Gross margin: 23.9%; Operating margin: 12.4%Revenue from 28nm: 18%Capacity utilization rate: 99%Net income attributable to stockholders of the parent: NT$11.20 billion (US$393 million)Earnings per share: NT$0.92; earnings per ADS: US$0.162Jason Wang, co-president of UMC, said, Our business traction in Q3 carried over into Q4, lifting utilization rate... More