United Microelectronics (NYSE:UMC) Issues Earnings Results, Beats Expectations By $0.01 EPS
United Microelectronics (NYSE:UMC – Get Free Report) released its earnings results on Wednesday. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. United Microelectronics had a return on equity of 11.18% and a net margin of 17.08%.The business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.10 EPS.
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