Investing.com - United Microelectronics reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
United Microelectronics announced earnings per share of 0.235 on revenue of 2.14B. Analysts polled by Investing.com anticipated EPS of 0.2247 on revenue of 2.08B.
United Microelectronics shares are down 6.58% from the beginning of the year and are trading at 10.930 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
United Microelectronics follows other major Information Technology sector earnings this month
United Microelectronics's report follows an earnings beat by Taiwan Semiconductor on Thursday, January 13, 2022, who reported EPS of 1.16 on revenue of 15.85B, compared to forecasts EPS of 1.12 on revenue of 15.69B.
ASML ADR had beat expectations on Wednesday, January 19, 2022 with fourth quarter EPS of 4.98 on revenue of 5.66B, compared to forecast for EPS of 4.25 on revenue of 5.85B.
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