Taiwan Semiconductor EPS, Sales Beat; Q2 View Misses

By | April 16, 2015

Scalper1 News

Taiwan Semiconductor Manufacturing (TSM) early Thursday reported first-quarter earnings and revenue that topped Wall Street expectations, but its Q2 outlook missed. The Taiwanese chipmaker reported a nearly 50% increase in revenue to NT222 billion, or $7.13 billion (based on the current currency rate of 1 U.S. dollar to 31.12 New Taiwan dollars). Earnings per share excluding items reached 48 cents per American Depository Receipt. Analysts polled Scalper1 News

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