Investing.com - United Microelectronics reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
United Microelectronics announced earnings per share of NT$0.093 on revenue of NT$1.5B. Analysts polled by Investing.com anticipated EPS of NT$0.06 on revenue of NT$1.47B.
United Microelectronics shares are up 36.57% from the beginning of the year , still down 10.73% from its 52 week high of NT$4.10 set on July 27. They are outperforming the EUR/USD which is down 0% from the start of the year.
United Microelectronics follows other major Technology sector earnings this month
United Microelectronics's report follows an earnings beat by Microsoft on July 22, who reported EPS of NT$1.46 on revenue of NT$38.03B, compared to forecasts EPS of NT$1.34 on revenue of NT$36.54B.
Taiwan Semiconductor had beat expectations on July 15 with second quarter EPS of NT$0.79 on revenue of NT$10.55B, compared to forecast for EPS of NT$0.72 on revenue of NT$10.38B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar