Company news: Taiwan Semiconductor Manufacturing (TSM) quarterly earnings beat analysts’ forecasts

Taiwan Semiconductor Manufacturing (TSM) reported Q2 FY2025 earnings of $2.47 per share (versus $1.48 per share in Q2 FY2024), beating analysts’ consensus estimate of $2.39 per share.

The company’s quarterly revenues amounted to $30.070 bln (+44.4% y/y), slightly missing analysts’ consensus estimate of $30.348 bln.

The company also issued upside revenue guidance for Q3 FY2025 of $31.8-33.0 bln versus analysts’ consensus estimate of $30.7 bln.

TSM rose to $246.99 (+3.97%) in pre-market trading.