TSMC Q1 Profit Rises 9%, Revenue of $18.87B Beats by $860M
TSMC today announced consolidated revenue of NT$592.64 billion, net income of NT$225.49 billion, and diluted earnings per share of NT$8.70 for the first quarter ended March 31, 2024.Year-over-year, first quarter revenue increased 16.5% while net income and diluted EPS both increased 8.9%. Compared to fourth quarter 2023, first quarter results represented a 5.3% decrease in revenue and a 5.5% decrease in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.In US