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

Spotify (SPOT) Earnings: 3Q24 Key Numbers

Spotify Technology S.A. (NYSE: SPOT) reported total revenue of EUR3.98 billion for the third quarter of 2024, up 19% year-over-year. Net income attributable to owners of the parent was EUR300

Nvidia (NVDA) looks poised to deliver blowout results once again

After a blockbuster first half, Nvidia Corporation (NASDAQ: NVDA) is preparing to publish data on its third-quarter financial performance next week. Since the company is expected to provide updates on

Key takeaways from Tyson Foods’ (TSN) Q4 2024 earnings report

Shares of Tyson Foods, Inc. (NYSE: TSN) jumped over 8% on Tuesday after the company delivered better-than-expected earnings results for the fourth quarter of 2024. Revenue and earnings beat estimates,

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