05:35 AM EST, 01/16/2025 (MT Newswires) -- Taiwan Semiconductor Manufacturing Co. ( TSM ) reported Q4 earnings Thursday of 14.45 New Taiwan dollars ($0.44) per diluted share, up from NT$9.21 a year earlier.

Net sales for the quarter ended Dec. 31 were NT$868.46 billion, up from NT$625.53 billion a year earlier.

Analysts surveyed by FactSet expected NT$867.81 billion.

The company said it expects Q1 revenue of $25 billion to $25.8 billion. Analysts polled by FactSet expect revenue of $24.92 billion.

Shares of the company rose more than 4% in recent premarket activity.

Price: 216.80, Change: +10.00, Percent Change: +4.84