United Microelectronics: Q4 Earnings Insights

United Microelectronics 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:

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.