Taiwan Semiconductor Earnings, Revenue beat in Q1

Taiwan Semiconductor reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Taiwan Semiconductor announced earnings per share of 0.96 on revenue of 12.92B. Analysts polled by Investing.com anticipated EPS of 0.9262 on revenue of 12.79B.

Taiwan Semiconductor shares are up 10.82% from the beginning of the year and are trading at 120.84 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.

Taiwan Semiconductor follows other major Technology sector earnings this month
Taiwan Semiconductor’s report follows an earnings beat by Adobe on March 23, who reported EPS of 3.14 on revenue of 3.91B, compared to forecasts EPS of 2.79 on revenue of 3.75B.

Accenture had beat expectations on March 18 with second quarter EPS of 2.03 on revenue of 12.09B, compared to forecast for EPS of 1.89 on revenue of 11.8B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Taiwan Semiconductor Earnings, Revenue beat in Q1

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