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United Microelectronics: Q4 Earnings Insights

Author: Benzinga Insights | January 31, 2024 06:00am

United Microelectronics (NYSE:UMC) reported its Q4 earnings results on Wednesday, January 31, 2024 at 03:33 AM.

Here's what investors need to know about the announcement.

Earnings

United Microelectronics beat estimated earnings by 15.33%, reporting an EPS of $0.173 versus an estimate of $0.15.

Revenue was down $420.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 0.28% drop in the share price the next day.

Here's a look at United Microelectronics's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.17 0.150 0.160 0.250
EPS Actual 0.20 0.204 0.215 0.251
Revenue Estimate 1.75B 1.78B 1.78B 2.15B
Revenue Actual 1.77B 1.81B 1.78B 2.21B

To track all earnings releases for United Microelectronics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: UMC

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