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United Microelectronics Earnings, Revenue beat in Q3

Published 29/10/2020, 10:29
UMC
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Investing.com - United Microelectronics reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

United Microelectronics announced earnings per share of NT$0.129 on revenue of NT$1.54B. Analysts polled by Investing.com anticipated EPS of NT$0.07 on revenue of NT$1.53B.

United Microelectronics shares are up 105.97% from the beginning of the year and are trading at NT$5.520 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.

United Microelectronics follows other major Technology sector earnings this month

United Microelectronics's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of NT$1.82 on revenue of NT$37.15B, compared to forecasts EPS of NT$1.54 on revenue of NT$35.76B.

Taiwan Semiconductor had beat expectations on October 14 with third quarter EPS of NT$0.92 on revenue of NT$12.4B, compared to forecast for EPS of NT$0.84 on revenue of NT$11.84B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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