Company News: United Micro (UMC) quarterly earnings beat analysts’ forecast

Market news

24 July 2019

Company News: United Micro (UMC) quarterly earnings beat analysts’ forecast

United Micro (UMC) reported Q2 FY 2019 earnings of $0.15 per share (versus $0.30 in Q2 FY 2018), beating analysts’ consensus estimate of $0.10.

The company’s quarterly revenues amounted to $36.030 bln (-7.3% y/y), generally in line with analysts’ consensus estimate of $36.057 bln.

UMC closed Tuesday's trading session at $2.13 (-0.47%).

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