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Technology Stocks : Semi Equipment Analysis

SOXX 308.38

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Nov 3 4:00 PM EST

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From: Return to Sender	1/18/2024 6:21:35 AM
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Taiwan Semiconductor Manufacturing beats by $0.06, reports revs in-line; guides Q1 revs in-line 6:01 AM ET 1/18/24 \| Briefing.com Reports Q4 (Dec) earnings of $1.44 per share, $0.06 better than the FactSet Consensus of $1.38; revenues fell 4.5% year/year to $19.62 bln vs the $19.68 bln FactSet Consensus.Gross margin for the quarter was 53.0%Co issues in-line guidance for Q1, sees Q1 revs of $18.0-18.8 bln vs. $18.27 bln FactSet Consensus.Gross profit margin is expected to be between 52% and 54%; Operating profit margin is expected to be between 40% and 42%.The management further expects the 2024 capital budget to be between $28-32 billion.

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