United Microelectronics: Q4 Earnings Insights - United Microelectronics (NYSE:UMC)

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.

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.

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.