Recap: United Microelectronics Q2 Earnings

United Microelectronics (NYSE:UMC) reported its Q2 earnings results on Wednesday, July 27, 2022 at 05:00 AM.

Here's what investors need to know about the announcement.

United Microelectronics missed estimated earnings by 2.33%, reporting an EPS of $0.293 versus an estimate of $0.3.

Revenue was up $598.00 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 7.75% increase in the share price the next day.

Here's a look at United Microelectronics's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.220	0.210	0.190	0.130
EPS Actual	0.281	0.235	0.257	0.176
Revenue Estimate	2.26B	2.08B	1.99B	1.78B
Revenue Actual	2.22B	2.14B	2.01B	1.83B

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.