08:06 AM EDT, 04/24/2024 (MT Newswires) -- United Microelectronics ( UMC ) reported Q1 earnings Wednesday of 0.84 New Taiwan dollars ($0.026) per share, down from NT$1.31 a year earlier.

Analysts polled by Capital IQ expected NT$0.83.

Operating revenue for the quarter ended March 31 was NT$54.63 billion, up from NT$54.21 billion a year earlier.

Analysts surveyed by Capital IQ expected NT$53.38 billion.

Shares of the company were up 1.3% in recent Wednesday US premarket activity.

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