Categories Earnings, Technology

Taiwan Semiconductor Manufacturing Co. (NYSE: TSM): Q4 2019 Earnings Snapshot

– Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) reported earnings of NT$4.47 per share, or US$0.73 per ADR, for the fourth quarter of 2019, vs. US$0.71 per ADR expected.

– Net income increased 16% year-over-year to NT$116.04 billion from NT$100 billion last year

– Net sales advanced 10% to NT$317.24 billion, or US$10.39 billion, from NT$289.77 billion a year earlier, vs. US$10.46 billion expected

— Fourth-quarter gross margin came in at 50.2%, and operating margin at 39.2%; Net profit margin was 36.6%

– Expects revenues to be between US$10.2 billion and US$10.3 billion in the first quarter of 2020

– Sees first-quarter gross profit margin in the range of 48.5% to 50.5% and expects operating profit margin between 37.5% and 39.5%

– For fiscal 2020, TSMC expects capital budget between US$15 billion and US$16 billion

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

Most Popular

Infographic: Key highlights from Constellation Brands (STZ) Q1 2023 earnings results

Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI more than doubled to $390

Walgreens Boots Alliance (WBA) Q3 profit drops on lower revenues; results beat

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) on Thursday said its third-quarter revenues decreased. As a result, the healthcare service company's adjusted profit declined but exceeded consensus estimates. Net profit, on

ANGO Stock: Is it the right time to invest in AngioDynamics now?

The performance of AngioDynamics, Inc. (NASDAQ: ANGO) has not been very impressive lately, despite being part of a rapidly growing industry. But the company's efforts to bring innovation to the

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