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.
