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Ekonomické zprávy
17.10.2024

Company news: Taiwan Semiconductor Manufacturing’s (TSM) quarterly results beat analysts’ expectations

Taiwan Semiconductor Manufacturing (TSM) reported Q3 FY2024 earnings of $1.94 per share (versus $1.29 per share in Q3 FY2023), beating analysts’ consensus estimate of $1.79 per share.

The company’s quarterly revenues amounted to $23.500 bln (+36.0% y/y), beating analysts’ consensus estimate of $23.310 bln.

The company also issued upside guidance revenue for Q4 FY2024 of $26.1-26.9 bln versus analysts’ consensus estimate of $24.93 bln.

TSM rose to $203.08 (+8.32%) in pre-market trading.

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