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TSMC: Q3 Earnings Snapshot
The Hsinchu, Taiwan-based company said it had net income of $1.29 per share
HSINCHU, Taiwan (AP) — HSINCHU, Taiwan (AP) — Taiwan Semiconductor Manufacturing Co. (TSM) on Thursday reported third-quarter net income of $6.67 billion.
The Hsinchu, Taiwan-based company said it had net income of $1.29 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share.
The chip company posted revenue of $17.28 billion in the period.