UMC - United Microelectronics Non-GAAP EPS of $2.19 beats by $0.23 revenue of $75.39B beats by $2.49B

• United Microelectronics press release ( NYSE: UMC ): Q3 Non-GAAP EPS of $2.19 beats by $0.23 .
• Revenue of $75.39B (+34.8% Y/Y) beats by $2.49B .
• Gross margin: 47.3%; Operating margin: 40.0%
• Capacity utilization rate: 100%+
• Overall capacity in the third quarter increased to 2,539K 8-inch equivalent wafers. Capacity will grow in the fourth quarter of 2022 to 2,543K 8-inch equivalent wafers, reflecting the capacity expansion taking place at 8N.
• Q4 Guidance: Quarter-over-Quarter Guidance:
• Wafer Shipments: To decrease by approximately 10%
• ASP in USD: To remain flat
• Gross Profit Margin: Will be in the low-40% range
• Capacity Utilization: 90%
• 2022 CAPEX: US$3.0 billion

For further details see: