TSMC Second-Quarter Consolidated Revenue Of NT$673.51B (+40.1% YoY), Net Income Of NT$247.85B (+9.9% YoY), And EPS NT$9.56 ($1.48 Per ADR Unit)
Portfolio Pulse from Benzinga Newsdesk
TSMC reported a 40.1% year-over-year increase in second-quarter consolidated revenue to NT$673.51 billion, a 9.9% increase in net income to NT$247.85 billion, and earnings per share of NT$9.56 ($1.48 per ADR unit).
July 18, 2024 | 6:01 am
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TSMC reported strong Q2 results with a 40.1% YoY increase in revenue and a 9.9% YoY increase in net income. EPS was NT$9.56 ($1.48 per ADR unit).
The significant year-over-year increase in revenue and net income, along with a solid EPS, indicates strong financial performance. This is likely to positively impact TSMC's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100