RTTNews | Oct 27, 2021 04:50AM EDT

04:49 Wednesday, October 27, 2021 (RTTNews.com) - United Micro Electronics Corp. (UMC) revealed earnings for its third quarter that increased from last year.

The company's bottom line came in at NT$17.46 million, or NT$1.43 per share. This compares with NT$9.11 million, or NT$0.75 per share, in last year's third quarter.

Analysts had expected the company to earn NT$0.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.6% to NT$55.91 million from NT$44.87 million last year.

United Micro Electronics Corp. earnings at a glance:

-Earnings (Q3): NT$17.46 Mln. vs. NT$9.11 Mln. last year.-EPS (Q3): NT$1.43 vs. NT$0.75 last year.-Analysts Estimate: NT$0.19-Revenue (Q3): NT$55.91 Mln vs. NT$44.87 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3235954/united-micro-electronics-corp-reports-gain-in-q3-earnings-beats-estimates.aspx)

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