Categories Earnings, Technology

Taiwan Semiconductor Manufacturing (NYSE: TSM): Q3 2019 Earnings Snapshot

– Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) reported third-quarter 2019 earnings of NT$3.90 per share (US$0.62 per ADR, vs. US$0.60 per ADR expected).

– Net income was NT$101.07 billion, up 13.5% from last year

– Revenues grew 10.7% annually to US$9.40 billion, vs. US$9.18 billion expected

– TSMC expects fourth-quarter revenues to be between US$10.2 billion and US$10.3 billion

– Fourth-quarter gross profit margin is expected to be between 48% and 50%

– TSMC stock gained about 2% early Thursday, following the announcement

We’re on Apple News! Follow us to receive the latest stock market, earnings and financial news at your fingertips

Most Popular

NFLX Stock: Should you invest in Netflix ahead of upcoming earnings?

For a large number of people, streaming videos and TV shows are the first preference when they want to keep themselves engaged during the lockdown. Streaming giant Netflix, Inc. (NASDAQ:

Earnings: Citigroup (C) Q4 profit beats estimates; revenue edges up

Citigroup Inc. (NYSE: C) on Friday said its fourth-quarter profit decreased despite modest growth in revenues. However, the numbers topped the market’s projections. Fourth-quarter net profit declined to $3.2 billion

JPM Earnings: All you need to know about JPMorgan Chase’s Q4 2021 earnings results

JPMorgan Chase & Co. (NYSE: JPM) reported fourth-quarter 2021 earnings results today. Reported revenue was flat year-over-year to $29.3 billion. Net income decrease 12% to $12.1 billion while EPS decreased

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top