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Technology Stocks : Semi Equipment Analysis
SOXX 312.18-0.2%Dec 9 4:00 PM EST
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To: Julius Wong who wrote (92662)7/18/2024 8:35:31 AM
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Taiwan Semiconductor Manufacturing beats by $0.07, beats on revs; guides Q3 revs in-line

6:01 AM ET 7/18/24 | Briefing.com

Reports Q2 (Jun) earnings of $1.48 per share, $0.07 better than the FactSet Consensus of $1.41; revenues rose 34.6% year/year to $20.82 bln vs the $20.33 bln FactSet Consensus.Gross margin for the quarter was 53.2%, operating margin was 42.5%, and net profit margin was 36.8%Co issues in-line guidance for Q3, sees Q3 revs of $22.4-23.2 bln vs. $22.64 bln FactSet Consensus.Gross profit margin is expected to be between 53.5% and 55.5%;Operating profit margin is expected to be between 42.5% and 44.5%.
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