United Microelectronics (UMC) Reports In-Line Q1 EPS, provides outlook

United Microelectronics (NYSE: UMC) reported Q1 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $1.71 billion versus the consensus estimate of $1.7 billion.


Second Quarter 2024 Outlook & Guidance
Quarter-over-Quarter Guidance:
Wafer Shipments: Will increase by low single digit %
ASP in USD: Will remain firm
Gross Profit Margin: Will be approximately 30%
Capacity Utilization: mid-60% range
2024 CAPEX: US$3.3 billion

For earnings history and earnings-related data on United Microelectronics (UMC) click here.

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