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
Most Popular
A look at factors that make Snap-on (SNA) a compelling investment option
Snap-on Incorporated (NYSE: SNA), the century-old company that makes high-end tools for the automotive industry, is unlikely to have a smooth ride in the current quarter, given the deepening turmoil
BlackBerry (BB) Q4 2020 earnings call highlights; blames COVID-19 for not providing fiscal 2021 outlook
Immediately after BlackBerry's (NYSE: BB) fourth-quarter 2020 results came out last evening, its stock traded in the green for quite some time in the after-hours. However, when the company announced
Why HP (HPQ) is better off without Xerox (XRX)
Xerox Corp. (NYSE: XRX) has dropped its takeover bid for HP Inc. (NYSE: HPQ) citing difficulties created by the coronavirus outbreak. This could be a relief for HP since the
One thought on “Taiwan Semiconductor Manufacturing Co. (NYSE: TSM): Q4 2019 Earnings Snapshot”
Comments are closed.