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Stock impact report

TSMC Q1 profit climbs 2.5 pct, lower than market forecasts [Reuters]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Reuters
TSMC Q1 profit climbs 2.5 pct, lower than market forecasts | Reuters Reuters Staff 1 Min Read TAIPEI, April 19 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , the world’s largest contract chipmaker, said first-quarter net profit rose 2.5 percent, lagging market forecasts. TSMC, whose clients include U.S. technology firm Apple Inc , said January-March profit reached T$89.785 billion ($3.06 billion). That compared with a T$90.50 billion forecast drawn from 19 analysts polled by Thomson Reuters SmartEstimate. Revenue rose 6.1 percent to T$248.08 billion, compared with the US$8.4 billion to US$8.5 billion range TSMC forecast in January. ($1 = 29.2950 Taiwan dollars) (Reporting by Clare Jim; Editing by Kim Coghill) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. Show less Read more
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