United Microelectronics Reports Strong Q1 Results Exceeding Expectations
United Microelectronics (UMC) reported Q1 Non-GAAP EPS of $0.204, surpassing estimates by $0.07, with revenue of $1.93 billion, up 10.9% year-over-year. The company also saw improved gross and operating margins, along with increased capacity utilization.
Tickers: $UMC
Topics: earnings profitability revenue semiconductor industry